Poker tax shock: New U.S. rule limits gambling loss deductions to 90%, squeezing pros and pushing semi-retirement as ...
Americans love winners. They love learning about those who gamble and succeed — such as Edwin Castro, who last year won a $2 billion Powerball jackpot. Intoxicated with the prospects of winning, ...
This article was co-authored by Mirit Eyalthe, the Joseph D. Peeler Professor of Law at the University of Alabama School of Law, and Jay A. Soled, a Distinguished Professor of Taxation at Rutgers ...