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Gambling winnings tax is already changing the game
If you’re into gambling or planning to hit the World Series of Poker (WSOP), there’s something critical you need to know ...
New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...
A new law capping gambling loss deductions at 90% went into effect on Jan. 1, 2026. The new gambling tax policy forces ...
Under the current rule, individuals can only deduct up to 90% of their gambling losses, creating a scenario where they are ...
A new US tax law could change gambling for Americans in 2026, with President Trump's OBBBA could see take-home winnings ...
Nevada officials are lobbying the US government in an effort to reverse impending gambling taxes. Under new federal rules, ...
Oklahoma Sen. James Lankford says he supports the new law that lowers the allowable deductions for gambling losses from 100% ...
Tax experts warn that both casual bettors and high rollers could face unexpected tax bills under increased IRS scrutiny in 2025. IRVINE, CALIFORNIA / ACCESS Newswire / August 18, 2025 / The Internal ...
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