The Blackjack Apprenticeship Podcast

The "Big Beautiful Bill": Discussing Impacts With a Gambling Tax Expert | BJA162


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Colin, Joe748, and SD1 are joined by tax expert Gary Kondler to break down how new legislation could impact gamblers’ taxes. Gary explains the proposed 10% cap on deductions, how it affects pros and recreational players, and why W2Gs, 1099s, and session accounting matter more than ever. They cover real-world examples, what gamblers can do to prepare, and why planning ahead is critical as these changes loom.

  • New 90% gambling loss deduction rule
  • Impact on different gambler types
  • Professional vs. amateur gambler status
  • Session method reporting
  • Practical tax strategies
  • Audit risks and triggers
  • If you want to contact Gary for your tax needs you can find him here

    ...more
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