AICPA Seeks Specific, Practical Guidance for Reporting Gambling Gains and Losses
November 12, 2026
November 12, 2026
NEW YORK, Nov. 12 [Category: Accounting] -- The American Institute of CPAs issued the following news release:
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AICPA Seeks Specific, Practical Guidance for Reporting Gambling Gains and Losses
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Washington, D.C. (November 12, 2026) - The American Institute of CPAs (AICPA) has asked the Department of the Treasury and the Internal Revenue Service (IRS) to provide guidance on the session method for substantiating wagering gains and losses. The . . .
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AICPA Seeks Specific, Practical Guidance for Reporting Gambling Gains and Losses
*
Washington, D.C. (November 12, 2026) - The American Institute of CPAs (AICPA) has asked the Department of the Treasury and the Internal Revenue Service (IRS) to provide guidance on the session method for substantiating wagering gains and losses. The . . .