Bid to Restore Full Betting Deductions Nears Year-End Deadline

Legislators Return to Address Gambling Taxation Issues As lawmakers reconvened in Washington, D.C., many unresolved matters remain, including a significant proposal regarding the taxation of gambling losses. This initiative aims to reinstate the complete tax deduction for gambling losses and currently enjoys bipartisan backing in both the House and Senate. However, with the year-end deadline […]








