Gambling Losses

Rules of the Game: The Right Way to Handle Gambling Winnings

March 31st, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Gambling, Gambling Losses, Gambling Winnings, Tax, tax accountant, tax accountant near me, Tax Advisor, The Burns Firm|Tags: Can Gambling Losses be Deducted on Tax Return, CPA, cpa near me, Dallas CPA, Deductions for Gambling Losses, Do I pay tax on gambling winnings, Gambling Winnings, tax, tax advisor, The Burns Firm|

It's not true that the "house" always wins — but it's close. Various estimates put casino "winners” — gamblers who walk away from a casino with more money than they entered [...]

New Law Reduces Tax Odds for Gamblers

October 2nd, 2025|Categories: accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Deductions, Gambling, Gambling Losses, Gambling Winnings, OBBBA, One Big Beautiful Bill 2025, One Big Beautiful Bill Act, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: Can Gambling Losses be Deducted on Tax Return, CPA Dallas, cpa near me, Deductions for Gambling Losses, Gambling, Gambling and Tax, OBBBA, tax advisor, Texas CPA, The Burns Firm|

Do you enjoy spending time at the casino or betting on sports? If so, you need to know about a new tax law provision scheduled to go into effect in [...]