IRS Rolls Out Rules For Deducting Car Loan Interest Under The New Tax Law

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
Travel Weekly

Travel deduction rules remain strict for travel advisors

Q: With all the publicity about tax reform under the One Big Beautiful Bill Act, I am wondering if you have seen anything new about the tax deductibility of travel expenses. Even if you haven't, can ...
Fast Company

This new tax deduction in Trump’s ‘big, beautiful bill’ lets people cash in on charitable donations up to $2,000. Here’s what to know

President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...
AOL

What Is a Tax Deduction and How Do Tax Deductions Work?

What Does Tax-Deductible Mean? The U.S. tax system can be a bit convoluted, and if you’re trying to learn every single aspect about filing taxes, you’ll find yourself deep in a rabbit hole. The good ...