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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Today, the IRS issued several new Frequently Asked Questions (FAQs) on Form 1099-K. As we informed you last week,
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In case you thought things were slowing down around the holidays at the IRS (or
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EXCLUSIVE: Happy Holidays, tax pros. The IRS in an email to Western CPE today confirmed that
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A bipartisan retirement package commonly (and now officially) known as SECURE 2.0 has secured a
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If you’re having tax problems I feel bad for you, son; we got 1099-K problems
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The IRS has provided guidance on reporting procedures that manufacturers and sellers must follow for
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The IRS hath gifted you this December 8 final rules governing the centralized partnership audit
