Nevada lawmaker's gambling tax deduction fix moves past key hurdle
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A measure to restore the full federal tax deduction on gambling losses advanced out of the House Ways and Means Committee, giving Rep. Dina Titus, D-Nev., an opening to press House leadership for a floor vote before the end of the year. The committee approved the fix Wednesday after attaching it to…
A measure to restore the full federal tax deduction on gambling losses advanced out of the House Ways and Means Committee, giving Rep. Dina Titus, D-Nev., an opening to press House leadership for a floor vote before the end of the year. The committee approved the fix Wednesday after attaching it to H.R. 10357, the Digital Asset Tax Certainty Act. Titus, who has led the effort since introducing the...