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Our home Ways and means Panel advanced an assess for the Sept. 16 to replace the fresh 100% deduction for playing losings, reversing the fresh 90% cover on the OBBBA one grabbed impression Jan. 1, 2026. The brand new boost, taken on the bipartisan Full Household Work, are folded to the Electronic Asset Taxation Certainty Act (Hours 10357) and you will perform apply retroactively to help you 2026. Rep. Dina Titus try pressing Family frontrunners for the ground choose ahead of Jan. step 1, 2027. (more…)