Make sure you claim all the expenses you can when you prepare your 2025 income taxes. We’re here to help you minimize your ...

The IRS views almost all gambling winnings as taxable income. This includes sportsbooks, lotteries and even bingo winnings.

IRS draft guidance updates gambling tax reporting threshold, impacting players while modernizing W-2G requirements for ...

The 2026 filing season is underway, and several changes to the tax code will affect most taxpayers’ returns, especially ...

The legislation proposed by Democrat Horsford and a GOP rep would restore a 100 percent deduction on gaming losses. Plus, ...

Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.

CLEVELAND - U.S. Rep. Max Miller has introduced bipartisan legislation that would reverse a recent change in federal tax law that forces gamblers to pay taxes on money they never actually earned.

Spider-Man star Tobey Maguire was one of three witnesses to take the stand Wednesday at lawyer Tom Goldstein’s trial on tax ...

H&R Block Canada points to multiple income streams you don’t have to pay tax on, but cautions you still may need to declare it when filing your taxes - even if it’s tax-freeCALGARY, Alberta, Jan. 15, ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Ahead of Budget 2026, the crypto industry seeks a lower TDS, a review of the 30 percent tax on gains, loss set-offs, and ...

A Calabasas man pleaded guilty in federal court Tuesday, Jan. 13, to laundering money through an illegal offshore gambling business and evading taxes on around $4 million in income, according to ...