North Carolina lawmakers advanced budget language that would tax prediction market operators at 6% while raising online ...

Platforms like Kalshi and Polymarket rebrand sports bets as 'investments' to bypass state regulations, draining funds meant ...

That’s the amount lost to the Treasury Department from a loophole used by exchange-traded funds to defer or avoid capital gains tax, according to new Bloomberg estimates. The savings go almost ...

When planning operates on a cycle, there’s always a gap between when conditions change and when the plan reflects them.​ ...

The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue ...

A former CPA who once ran finance at the fastest-growing school lunch company in America just raised $25M to fix a problem he ...

Federal regulators under the Trump administration have maintained they have the sole authority to oversee a booming industry ...

Moving to regulate more sports betting in the state, Illinois passed a law adding new taxes specifically on sports betting ...

Illinois is set to institute a new tax on prediction markets next week that would take 15% of gross receipts from sports-related wagers.

A tax expense is a tax liability that is owed to a federal, state, or local government for a given period of time. Learn when ...

A coalition of prediction market firms is suing Kentucky over a new 14.25% tax it claims is unconstitutional.