The explosion of sports betting has meant billions of dollars in revenue for gaming operators, but the IRS is leaving big money on the table, a government watchdog found.
A Treasury Inspector General for Tax Administration review of roughly 43 million forms during tax years 2018 through 2020, totaling about $156 billion issued to taxpayers, found about 150,000 individuals who won over $15,000 but didn’t file a tax return on those earnings, a new Thursday report said. In response to the review, the IRS determined it could potentially increase tax revenue by about $1.4 billion by addressing some of those …
Week 5 in the 2024 NFL season kicks off with a matchup for early supremacy in the NFC South as the Tampa Bay Buccaneers take on the Atlanta Falcons. The Bucc
New York Gov. Kathy Hochul on Tuesday signed legislation requiring sports betting and gambling companies to inform people of the risks and addictiveness of gamb
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Cedar Rapids Mayor Tiffany O