‘Big, Beautiful Bill’ potentially very bad for poker (players) in the US + STAY ON TOPIC!!
This makes Black Friday look like a children’s birthday party.
There’s no chance this passes right? It would
Correct but that is not what the other poster is claiming. He claims, incorrectly, you can continue deducting 100% of losses.
As I noted, he is saying nothing changed yet all the tournament grinders are complaining about the change creating pseudo income
I def don’t think that’s what NickMPK is claiming at all.
I wonder who was in Trump's ear to get that cluster**** injected into the bill in the first place
"some nobody" senator put the R. by his name. Recognition of the reality that the republicans have been the ones to do this to us is necessary.
"some nobody" senator put the R. by his name. Recognition of the reality that the republicans have been the ones to do this to us is necessary.
Exactly.
Anyone remember UIGEA 2006 (now 20 years later)? Rep. Leach [R-IA] and Rep. Robert Goodlatte [R-VA], who co-authored. Then sped the senate side by Sen. Frist [R-TN] and Sen. Kyl [R-AZ]
Don't get too excited. This is a process by which the IRS interprets and applies the act passed by congress. It is not congress amending or repealing the act, and the IRS does not have authority to do so itself.
