Sports Betting Taxes in 2025 + 2026: CPA Explains Why the 90% Rule Isn’t the End for Pros
Автор: SharpMoney
Загружено: 2025-12-10
Просмотров: 1794
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In this episode, we sit down with Gary Kondler (CPA) from Kondler & Associates to break down one of the hottest topics in the betting world right now — the “Big Beautiful Bill” and the change from 100% → 90% gambling loss deductions.
Gary gives a very different perspective than what many bettors have been hearing online:
👉 Professional sports betting is NOT ending in 2025.
👉 You should NOT panic about the new deduction rules.
👉 There are smart ways to structure your betting activity so you stay protected.
We cover everything sports bettors need to know heading into 2025:
📌 When you should consider filing as a professional
📌 Whether the “phantom income” fear is actually real
📌 How prediction markets fit into your tax picture
📌 What recreational bettors should expect
📌 How to keep clean, organized, defensible betting records
📌 What the IRS actually looks for
📌 And how the new rules might impact long-term bettors
If you bet seriously — or plan to — this is a must-watch conversation with one of the most respected CPAs in the gambling space.
Contact Gary directly for a free consultation 👇
https://kondlercpa.com
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