The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving ...
Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...
High-net-worth taxpayers who concentrate their philanthropic donations during this tax year can avoid new deduction floors ...
Car buyers may now benefit from a new tax break that allows them to deduct up to $10,000 in auto loan interest each year from their federal income taxes — reducing their taxable income. The provision, ...
The Republicans' signature tax cut and spending package – dubbed the "big, beautiful bill" – that was signed into law last week touts tax deductions on tips and overtime pay, and also includes a tax ...
IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...
What you want to accomplish: If your goal is to support a good cause, paying a fee or tip that you can afford is one way to make your chosen nonprofit’s job easier. If you make recurring monthly ...