New rules under Section 70114 of the One Big Beautiful Bill Act let you net gambling wins and losses across the whole year \u2014 not just per session. That means smarter reporting and fewer audit headaches. Yes, there\u2019s a 10% haircut on losses, but most folks lose way more than they win, so it won\u2019t sting. The real win? You can finally match your casino records to your tax return without bending over backwards. Use player cards, ATM logs, and keep it clean. No napkin math. We know the game \u2014 let us help you play it right.<\/p>\n","protected":false},"excerpt":{"rendered":"
New rules under Section 70114 of the One Big Beautiful Bill Act let you net gambling wins and losses across the whole year \u2014 not just per session. That means smarter reporting and fewer audit headaches. Yes, there\u2019s a 10% haircut on losses, but most folks lose way more than they win, so it won\u2019t … Continue reading Tax Tip for Gamblers<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-92","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/posts\/92","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/comments?post=92"}],"version-history":[{"count":1,"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/posts\/92\/revisions"}],"predecessor-version":[{"id":94,"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/posts\/92\/revisions\/94"}],"wp:attachment":[{"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/media?parent=92"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/categories?post=92"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gordontaxservice.com\/taxtipsblog\/wp-json\/wp\/v2\/tags?post=92"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}