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Your Car Loan Just Got Cheaper as New Bill Allows Tax Write-offs on Interest

The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above-the-line deduction of up to $10,000 in car loan interest.
WCVB Channel 5 Boston

Rossen Reports: What can I write off on my taxes?

New tax deduction rules can help self-employed Uber and Lyft drivers save money this tax season.The IRS allows two methods for deducting vehicle expenses. The standard mileage rate for the 2024 tax ...
Seeking Alpha

American Express consumer credit card delinquency, write-off rates hold steady in August

American Express' (NYSE:AXP) August consumer credit card delinquency and net charge-off rates were unchanged from the prior month, the company said in a Monday filing. The U.S. consumer card ...

What happens if you get your debt written off? Here's what borrowers should know now.

Having debt written off may sound like you're getting a clean slate, but it can come with lasting consequences.
AOL

11 Senior Living Expenses You Can Write Off on Your Taxes

Seniors living on a fixed income face unique financial challenges, but the underlying theme is their desire to maximize retirement savings. Some costs are unavoidable as you age, but the good news is ...
People

Madeleine White Addresses Claim That Influencers Can Include Luxury Purchases on Tax Write-Offs

The influencer took to TikTok to address recent questions floating around on social media about whether influencers can "write-off" certain purchases as business expenses Madeleine White Fedyk/TikTok; ...