Bettors can still deduct losses from wins within a single session of play. But the Internal Revenue Service ( irs) is ...

An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting ...

Last week a massive spending and tax bill, named the “One, Big, Beautiful Bill” was signed into law by President Trump. It ...

Until now, someone who won $100,000 in a year and also had losses of $100,000 would pay no taxes on their gambling activity. For professional high-stakes gamblers, this made wagering worthwhile ...

The newly enacted law is poised to transform everything from healthcare to energy to food. Trump signs 'Big Beautiful Bill' ...

As the U.S. prepares to host the FIFA World Cup in 2026 and the 2028 Summer Olympics, the One Big Beautiful Bill Act ...

The Visa Integrity Fee adds significant cost to visiting or studying in the U.S., but offers a possible refund if travelers ...

Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...

The “One Big Beautiful Bill Act” represents a sweeping overhaul of U.S. energy policy, aimed at reshaping the federal ...

The One Big Beautiful Bill Act was signed into law with revisions to key mining policies. While the legislation boosts ...

The One Big Beautiful Bill tightened eligibility, expanded work requirements and increased state responsibilities – here are ...

Overtime hours and tips are lagniappe for some, but for others, they help them survive. Now, you might not have to pay taxes on either.