Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting ...

A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...

The US Treasury repeals controversial crypto tax rule, signaling a shift towards pro-crypto policies for industry growth.

Consumers may rush to lease or buy an electric vehicle this summer to qualify for a federal tax credit that ends after Sept.

The new IRS interpretation came after decades of debate and, most recently, lawsuits from the National Religious Broadcasters ...

The sprawling budget bill signed into law by President Donald J. Trump on July 4 after it squeaked through Congress has many ...

A proposed IRS rule requiring decentralized crypto platforms to report user transactions has been officially withdrawn, marking a win for industry advocates.

Poker players say tax change in Trump bill will kill professional gambling. Rep. Mark Amodei from Nevada says he didn't know ...

The Survivor Justice Tax Prevention Act aims to correct a long-standing injustice by exempting civil settlements for ...

As of around 10 a.m. ET, nearly 2,200 users worldwide had reported issues with Outlook, formerly also Hotmail, to outage ...

The General Services Administration notifies Harvard it is conducting an official review “of all Federal contracts and grants ...