2 results for "33 CFR 165"
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Security Zone, NFL Draft, Pittsburgh Rivers, April 23–25, 2026
The U.S. Coast Guard is establishing a temporary security zone on the Ohio, Allegheny, and Monongahela Rivers near Pittsburgh, PA from April 23–25, 2026 during the NFL Draft. The zone covers the Ohio River from Mile Marker 0 to 0.5, the Allegheny River from Mile Marker 0 to 0.6, and the Monongahela River from Mile Marker 0 to 0.3. Entry is prohibited without authorization from the Captain of the Port Pittsburgh or a designated representative.
IRS Proposes Wagering Loss Deduction Limit to 90%, Raises Reporting Threshold to $2,000
The IRS has published a notice of proposed rulemaking to amend regulations under sections 165, 6041, 6041A, and 3406 of the Internal Revenue Code. The amendments reflect changes enacted by the One, Big, Beautiful Bill Act (Public Law 119-21). Key changes include limiting the wagering loss deduction to 90 percent of wagering losses (down from the prior 100-percent-of-gains limitation) and raising the information reporting threshold from $600 to $2,000 for payments made after December 31, 2025. Comments are due by June 16, 2026.
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