#tax-deduction

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fromFortune
2 weeks ago

Trump'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
fromFortune
4 weeks ago

'Big, Beautiful Bill' won't eliminate taxes on federal Social Security benefits as Trump says it will

Proposals in Congress offer temporary tax deductions for seniors, not full elimination of Social Security taxes as claimed by Trump.
US politics
fromNew York Post
2 months ago

Senate unanimously approves $25,000 tax break for tipped workers

The US Senate passed a bill to offer a tax deduction on tips, including business tax credits for payroll taxes on tips in beauty services.
fromwww.housingwire.com
3 months ago

House introduces bill to reduce mortgage insurance premiums

The proposed bill aims to make the mortgage insurance premium deduction permanent to aid middle-class homeowners.
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