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

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

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.

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, ...

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

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

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The recent passage of the One Big Beautiful Bill has received a lot of discussion in the press these past few weeks as the ...

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

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% ...