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  • IRS
31
Oct
  • Alex Waldrop
  • IRS
  • NTRA

Modernized IRS regs helping players

  • Press Release / 7 years
  • 0
  • 6 min read

The modernized regulations have reduced IRS withholding of winning wagers by more than $35 million, the NTRA estimates.

21
Jul
  • advance deposit wagering
  • IRS
  • off-track betting facility

New parimutuel tax rule moving towards adoption

  • Press Release / 8 years
  • 0
  • 3 min read

A federal rule that would modernize how taxes on parimutuel winnings are calculated is nearing adoption, according to the Trump Administration.

09
Jun
  • Congress
  • IRS
  • mid-Atlantic horse racing

Committee urges IRS to modernize parimutuel tax treatment

  • The Biz / 9 years
  • 0
  • 3 min read

The House Appropriations Committee today urged the IRS to “expedite final consideration” of a rule to modernize how parimutuel winnings are taxed.

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