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Gambling tax, professional gamblers, Senate bill 2025, big beautiful bill, Loss deduction limit, US tax amendment

Trump’s ‘Big, Beautiful Bill’ Would Decimate Professional Gamblers – Literally

New amendment limits deductible gambling losses to 90%. Professionals could owe taxes on nonexistent income. House-Senate showdown will determine final tax outcome. US President...

Philip Conneller July 2, 2025
New Jersey gambling high school curriculum

New Jersey High School Students Could Soon Be Taught About Gambling Risks

A bill in New Jersey would require public high school students to learn about gambling risks New Jersey is the second-richest commercial gaming state...

Devin O'Connor June 25, 2025
No Tax on Tips Senate Cruz Rosen

No Tax on Tips Act Clears Senate With Unanimous Consent

The No Tax on Tips Act has passed the US Senate The bill would allow tipped workers to keep more of their gratuities Currently,...

Devin O'Connor May 21, 2025