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 ...

Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...

President Donald Trump signed into law the spending bill that will bring significant changes to the United States, including ...

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% ...

Game odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. WNBA: Angel Reese dismisses ridiculous Robert Griffin ...

President Donald Trump signed into law last week a sweeping package of tax cuts and spending cuts, which passed the Senate and House with narrow majorities and no Democratic support. As is his ...

Despite Trump’s claims, the bill is extremely unpopular. Five recent polls found net approval ratings ranging from minus-19 ...