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IRS Warns of Fake Crypto Letters, Extends Disaster Deadlines for Washington and Indiana
The IRS released three items this week that small business owners and their advisors should act on: a fraud scheme targeting cryptocurrency holders with fake IRS letters, extended tax deadlines for disaster-area clients in Washington and Indiana, and a rescheduled payroll webinar that covers new W-2 reporting rules for Trump Accounts, tips, and overtime. Fraud…
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IRS Reminder: Protect Your Tax and Business Records Before Disaster Strikes
The IRS issued IR-2026-104 on September 3, 2026, reminding taxpayers to protect their tax and financial records before a disaster happens. The announcement is tied to National Preparedness Month and covers individuals, businesses, and tax professionals. For small businesses and owner-operators, the timing is practical. Floods, wildfires, hurricanes, tornadoes, and severe storms can destroy the…
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IRS Reminder: Disaster Preparedness Starts With Your Tax Records
The IRS issued a reminder this week urging all taxpayers to protect their tax and financial records before a disaster strikes. Released September 3, 2026, the announcement is part of National Preparedness Month and covers individuals, businesses, and tax professionals. Why This Matters for Your Business Floods, wildfires, hurricanes, tornadoes, and severe storms can damage…
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IRS Payroll Bulletin: Paid Leave Credit Expanded, Overtime W-2 Rules Clarified, and Two Retirement Programs on the Way
The IRS released its September 2026 payroll bulletin covering four separate guidance items that affect employers directly: an expanded paid family and medical leave tax credit, updated rules for the “no tax on overtime” deduction, proposed regulations on employer contributions to Trump Accounts, and an advance notice on upcoming Saver’s Match regulations. If you have…
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2026 Gaming Law Scorecard: Heading Into the Final Quarter
2026 has reshaped the rules across online gaming, vertical by vertical. Here’s the quick scorecard heading into the final quarter, with links to the deeper reads on each. Sweepstakes: the ban wave At least six states enacted bans on dual-currency sweepstakes gaming this year, and the penalties climbed from cease-and-desist letters to felony racketeering charges…
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DFS Pick’em Under Pressure: How the Model Changed and Where Operators Stand in 2026
The pick’em style of daily fantasy that took off a few years ago spent 2026 boxed in by state regulators. The products didn’t disappear, they changed shape. Here’s how the squeeze played out and what it means for operators heading into Q4. The enforcement pattern Over the past two years, a run of states challenged…
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Skill Games in 2026: Pennsylvania Says Slot Machines, Virginia Says Regulate and Tax
Two states pushed skill games in opposite directions in 2026. Pennsylvania’s Supreme Court called them illegal slot machines. Virginia’s legislature moved to legalize and tax them. If you operate skill-based machines, which state you’re in now matters more than the “skill” label on the cabinet. Pennsylvania: they’re slot machines On June 15, 2026, the Pennsylvania…
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Taxed on Money You Didn’t Keep: The FULL HOUSE Act and the Gambling-Loss Deduction
A change in the 2025 tax law means gamblers can now deduct only 90% of their losses. The practical effect is that you can owe federal tax even in a year you broke even. A bipartisan bill, the FULL HOUSE Act, wants to undo it. Here’s what changed and where the fix stands. What changed…
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Taxed on Money You Didn’t Keep: The FULL HOUSE Act and the Gambling-Loss Deduction
A change in the 2025 tax law means gamblers can now deduct only 90% of their losses. The practical effect is that you can owe federal tax even in a year you broke even. A bipartisan bill, the FULL HOUSE Act, wants to undo it. Here’s what changed and where the fix stands. What changed…
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2026 Gaming Law Scorecard: Heading Into the Final Quarter
2026 has reshaped the rules across online gaming, vertical by vertical. Here’s the quick scorecard heading into the final quarter, with links to the deeper reads on each. Sweepstakes: the ban wave At least six states enacted bans on dual-currency sweepstakes gaming this year, and the penalties climbed from cease-and-desist letters to felony racketeering charges…
