Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 on their tax returns beginning in 2025. The IRS has now issued additional guidance in the form of Proposed Regulations to help taxpayers understand the new car loan interest deduction under the One Big Beautiful Bill Act…
For some people, tax refunds could turn out to be much fatter in 2026 than they’d expect after dramatic changes in key tax rules hit 2025 federal income tax returns. Read more
Sources say nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the new year. Read more
Economist Don Schneider is also predicting a large tax refund for Americans in 2026. Read More
Americans who are receiving a year-end bonus for a job well done may be sorely disappointed when they open their envelope to find a big chunk missing. Read more
Ask your employer how much you earned in overtime this year. It may impact your tax bill in April. Read more
The holidays are always a busy time—sending holiday cards, cooking, present shopping and giving, and spending time with family and friends. It’s also an opportune and busy time for scammers too. Read more
The Internal Revenue Service is already urging Americans to prepare for the upcoming 2026 tax season, outlining a handful of steps taxpayers can take now to stay on track. Read more
The Internal Revenue Service is already urging Americans to prepare for the upcoming 2026 tax season, outlining a handful of steps taxpayers can take now to stay on track. Read more in the Linktree in our bio. Read more
From paying more state and local taxes this year to moving holiday charity gifts to 2026 and making clean energy improvements to your home, here is what taxpayers need to do before the year ends to take advantage of changing tax breaks. Read more
