While most Americans were focused on the broader impacts of President Trump’s “big, beautiful bill,” a provision tucked inside could dramatically change how gambling winnings are taxed starting in 2026. The new rules cap gambling loss deductions at 90% of winnings, a change that the Joint Committee on Taxation estimates could raise $1 billion in new revenue. Previously, you could deduct all…
I’m a CPA and personal finance writer with more than 30 years of experience, which includes writing dozens of articles...
The financial technology provider increased its adjusted earnings outlook for fiscal 2026 as recurring revenue grew 9% in the second...
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Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of...
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Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024.Bloomberg | Bloomberg...
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