Both the House of Representatives and the Senate have launched efforts to undo the change to the tax laws regarding gambling.

Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

President Donald Trump falsely claims the ‘biggest tax cuts ever’ while Democrats add in the impact of a Biden-era policy.

Under the “Big Beautiful Bill Act,” lawmakers approved language that would implement a 90% cap on how much gamblers can ...

The last person you should be taking gambling advice or political news from is ya boy that is writing this post. It's rather ...

The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and overtime pay, and addresses other tax priorities of the Trump administration.

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, slashes spending on Medicaid, and creates temporary tax deductions for ...

The Fair Accounting for Income Realized from Betting Earnings Taxation, or FAIR BET bill, would return the 100% tax write off ...

Rep. Dina Titus filed the FAIR BET Act, which would remove provisions of the budget bill and allow gamblers to write-off 100% ...

This story was produced by the State College regional bureau of Spotlight PA, an independent, nonpartisan newsroom dedicated ...

Several Republican senators have now admitted to not knowing that the reduced gambling deduction was even in the bill they voted to pass. And, frankly, it makes sense. The committee of jurisdiction ...