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New Tax Bill Impact on Gamblers: 90% Loss Deduction Rule Explained
By now, most gamblers know that President Donald Trumps One Big Beautiful Bill Act contains a poison pill they are being forced to swallow. The tax bill only allows them to deduct 90% of their gambling losses, meaning gamblers could have to pay taxes on money they actually lost. That makes the loss even worse and, in theory, ruins things like casino loyalty programs. Few gamblers are going to sign up to have their play tracked if it means that they might end up owing taxes on money they did not win. Its hard to imagine an IRS that can...
Muhammadu Buhari's Burial Moved to Tuesday, July 15, in Daura, Katsina
Former President Muhammadu Buhari will be buried on Tuesday, July 15, at his hometown in Daura, Katsina state Addressing journalists, Dikko Radda, the governor of Katsina state, said the former presidents remains would be buried upon arrival in the country on Tuesday Buhari's allies, Bashir Ahmad and Professor Isa Pantami, provided key updates via their respective social media handles Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public affairs and governance. Daura, Katsina state - Bashir Ahmad, former special assistant on digital communications to late Muhammadu Buhari, on Monday afternoon, July 14, said the erstwhile president's...
July 15, 2025: Discover the Ultimate Guide to Image Resizing Options!
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