#tax-deduction
#tax-deduction
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#social-security #seniors #retirement #home-office-deduction #self-employment #remote-work #economic-policy
fromwww.businessinsider.com
1 month agoA senator is pressing the IRS to raise the mileage deduction that Uber drivers rely on to offset spiking gas prices
"For many self-employed individuals who rely on driving, these prices are unsustainable," Gallego wrote. "Given the significant increase in gas prices, I urge the IRS to raise the standard mileage rate at a rate that proportionately reflects gas price increases."
Alternative transportation
fromwww.npr.org
1 month agoThis tax season, there's a new deduction for interest on car loans
Taxpayers who bought a new car in 2025 can, in some cases, deduct interest on their auto loan. The deduction was created by the One Big Beautiful Bill Act, which also removed taxes on tips and overtime for qualifying workers, and relevant to new car shoppers eliminated a tax credit for buying electric vehicles.
Cars
Gadgets
fromKiplinger
6 months agoI Work From Home, and These Are the Best Home Office Upgrades From October Prime Day and Anti-Prime Day Sales
Upgrading a comfortable, functional home office during current retailer sales can improve productivity, and self-employed individuals can deduct many qualifying purchases for taxes.
fromFortune
9 months agoTrump's BBB could help you deduct your auto loan, but it has to be a new car made in the U.S.A. Here's what else you need
The new tax break will be available even to people who don't itemize deductions, but there are some caveats that could limit its reach, including vehicle assembly location and loan issuance date.
US politics
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