Day: October 7, 2024
IRS Cracks Down on $13B in Unreported Gambling Winnings
After an audit revealed that Uncle Sam may have let more than $1 billion in income tax on recent casino jackpots go uncollected, the IRS is cracking down on the oversight. And one of Las Vegas’ most recognizable casino gamblers finds himself in the crackdown’s crosshairs. The IRS form W-2G is issued for every slot…
Read More