Tax Treatment of Gambling Losses Under the One Big Beautiful Bill “Did your parlay hit?” asks your significant other across the table from you at Sunday brunch. The football game is down to the final seconds…and your bet just went sideways. You lower your head in shame. Another week, another parlay loss. We have all
One Big Beautiful Bill
How the One Big Beautiful Bill (OBBB) Affects Private Universities and Colleges
RJS LAW – Your Trusted Nonprofit Lawyers for Compliance, Formation, and Audits From The Billboard To Your Inbox! The One Big Beautiful Bill (OBBB), passed by the 119th United States Congress contains numerous tax and spending regulation changes. With the goal of adjusting how large endowments are treated under the tax code, the OBBB made