The Treasury and IRS have issued proposed regulations implementing the "No Tax on Car Loan Interest" provision, offering up to $10,000 in annual deductions for taxpayers financing new American-made vehicles for personal use through 2028.
Recent Taxbytes
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Sam Bankman-Fried, the former wunderkind of the cryptocurrency world, was sentenced to 25 years in
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An Alabama Federal District Court found the Corporate Transparency Act and its Beneficial Ownership Interest
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Few proposals have been made to change tax-free reorganizations in the past century, but today,
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Once a business receives cash exceeding $10,000 (in either a transaction or related transactions), a
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President Biden has proposed a 2025 budget, and it’s a pie-in-the-sky plan that has no
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The Department of Education has announced that it will automatically discharge $1.2 billion in loans
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An Alabama Federal District Court has found the Corporate Transparency Act and its Beneficial Ownership
