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fromFortune
8 months ago

Ante up: Trump's budget bill stacks the cards against gamblers, saddling them with a notably higher tax bill

"Starting in 2026, gamblers will only be able to deduct 90% of their losses, versus 100% today, leading to potential tax implications even for those who break even."
US politics
Retirement
fromwww.housingwire.com
9 months ago

IRS rule could impact seniors in a declining stock market

IRS mandates required minimum distributions (RMDs) from retirement accounts, impacting retirees financially, especially during market downturns.
UK news
fromBusiness Matters
10 months ago

UK Gambling Industry Concerned Over Stricter Regulation and Higher Taxes

Stricter regulations and potential tax increases threaten the viability of the UK's gambling industry.
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