How to qualify for the new auto loan interest deduction
Did you buy a new vehicle in 2025? You may qualify for the new tax deduction for qualified vehicle loan interest.
Under the OBBBA, taxpayers can deduct up to $10,000 in auto loan interest for tax years 2025 through 2028. Here’s how to qualify:
The One Big Beautiful Bill Act: New Tax Changes for Small Business Owners
Are you a small business owner wondering how the new tax law will affect your taxes?
The One Big Beautiful Bill Act makes changes to some of the rules for small business owners.
ONE BIG BEAUTIFUL BILL ACT: NEW TAX CHANGES FOR INDIVIDUALS
The One Big Beautiful Bill Act was signed into law on Friday, July 4, 2025. The law brings with it new tax provisions and extends and makes permanent many of the expiring provisions from the Tax Cuts and Jobs Act of 2017 (TCJA).
Tax professionals are still studying and digesting this new act, here I’ll highlight some of the key provisions affecting our individuals clients this year.