New Bill Proposes 90% Cap on Gambling Loss Write-Offs
New Bill Proposes 90% Cap on Gambling Loss Write-Offs There’s a new provision in the Senate version of the so-called ‘Big Beautiful Bill’ that has received much attention and could have a real impact on gamblers, casinos, and the broader economy. The idea is to limit how much a person can deduct in gambling losses–capping […]
