Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule ...

Former GOP Sen. Mitt Romney calls for higher taxes on wealthy Americans, citing national debt crisis and need for bipartisan fiscal solutions.

Discover the role of tax advisors in minimizing taxes and ensuring IRS compliance in complex financial scenarios. Learn about their expertise and regulatory standards.

Discover the step-by-step process of turning tax proposals into U.S. law, involving Congress, presidential oversight, and the IRS, and its influence on tax policy.

After President Donald Trump on Thursday signed an executive order to reclassify cannabis, Wall Street is now focused on the when the change will actually happen, as the marijuana industry waits for ...

Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...

In 2025, seven years into legalized sports betting, the industry faced some of its biggest challenges yet, rocked by multiple high-profile scandals, embroiled in taxation issues and confronted by a ...