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Gaming Industry News => Jays Gaming and Industry News => Topic started by: NLG-BOT-1 on May 11, 2017, 09:01:56 PM
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Titus says IRS should hike jackpot tax threshold
U.S. Rep. Dina Titus, whose district includes the Las Vegas Strip, says the IRS should quadruple the reporting threshold for casino customer winnings from ...
Source: Titus says IRS should hike jackpot tax threshold (http://lasvegassun.com/news/2017/may/11/titus-says-irs-should-hike-jackpot-tax-threshold/)
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Finally, I hope she can get it done. Hell even if they doubled it to $2400 that would be great. I hate getting taxed when I win a few dollars over the $1199.
Funny story I've wrote many letters to Strictly Slots magazine about this topic to see what as we the people/players can do to make this 40 year old threshold higher because of the changing times -- They never responded once. I guess they're scared of the IRS haha.