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

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

Senate’s bipartisan FULL HOUSE Act aims to undo Big Beautiful Bill’s gambling tax limits, restoring deductions for gamblers ...

The battle over the gambling tax provision in the Big Beautiful Bill is far from over. The One Big Beautiful Bill Act (OBBBA) ...

President Donald Trump's tax bill, signed into law July 4, reduces how many losses a gambler can deduct. Here's how the ...

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 ...

There are new laws regarding gambiling losses. Previously players could deduct those losses from their winnings with the IRS, ...

During a call Wednesday with reporters, Sen. Chuck Grassley also said he was proud of his Republican colleagues for getting ...

Tucker Carlson has his own rationale for the Trump administration’s mishandling of the Epstein files. Speaking with ...

A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...

The Fair Bet Act, introduced by Representative Dina Titus (D), hopes to restore the 100% deduction for gambling losses.