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IRS feeling the heat?

Discussion in 'Vegas News' started by jay631, May 21, 2020.

  1. jay631

    jay631 Bronze

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  2. Wiscolovesvegas

    Wiscolovesvegas Platinum

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  3. VegasMonkey

    VegasMonkey the pleepleus
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    Would be neat. Or maybe the 30% they hold back on international players that potentially doesn't get refunded back is a really meaningful number?
     
  4. doughtaker

    doughtaker Bronze

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    A raise in the W-2G threshold is decades overdue, and honestly should be set to at least $10k, the same amount that would trigger a CTR. Hard to believe that it was only a few years ago that we had to fight off efforts to lower the threshold to $600.
     
  5. mikey7777

    mikey7777 Silver

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    It has always puzzled me, how politicians cannot understand this, 99.99 percent of gamblers lose in the long run! Raise the threshold now please, so I can enjoy the one time in 10 in actually do win, lol
     
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  6. Thierry

    Thierry Silver

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    "the $1,200 slot reporting threshold that has been in place since 1977"

    Yeah, time to update :D
     
  7. Mr2BOBCATS

    Mr2BOBCATS Platinum

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    Or eliminate altogether. So nice to not be taxed on winning in the Great White North.
     
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  8. thebeachbum

    thebeachbum Bronze

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    The IRS wants $600 as I recall from a year or two ago. I don't see $5,000 as the new IRS threshold. Would I like it? YES!!!! But not happening.
     
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