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“We urge you to Adhere to the IRSAC’s suggestion and workout your authority to boost the brink for slot machine jackpot winnings to $5,000 and to contemplate periodic increases to the edge based on inflation,” Titus and Reschenthaler wrote.
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“Shutting down slot devices for small-dollar amounts, floods the IRS with outdated kinds that aid not one person.” Titus said. “My Invoice, the SLOT Act, as well as IRS Advisory Council’s new recommendation to lift the edge would cut back the paperwork stress on businesses and players although guaranteeing our tax code demonstrates economic actuality.”
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