Treasury IG for Tax Administration: 'IRS Could Collect Over a Billion Dollars in Taxes From Unreported Wagering Income'
October 25, 2024
October 25, 2024
WASHINGTON, Oct. 25 (TNSrep) -- The Treasury Inspector General for Tax Administration issued the following audit report (No. 2024-300-064) on September 30, 2024, entitled "The IRS Could Collect Over a Billion Dollars in Taxes From Unreported Wagering Income."
Here are excerpts:
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HIGHLIGHTS
Why TIGTA Did This Audit
In May 2018, the U.S. Supreme Court struck down the 1992 Professional and Amateur Sports Protection Act . . .
Here are excerpts:
* * *
HIGHLIGHTS
Why TIGTA Did This Audit
In May 2018, the U.S. Supreme Court struck down the 1992 Professional and Amateur Sports Protection Act . . .