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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The One, Big, Beautiful Bill Act raised the SALT limit, granting much needed relief to
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A new online revivor application has been launched by the Franchise Tax Board of California.
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Section 1202 has been revamped by the One, Big, Beautiful Bill Act (OBBBA) with a
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A new 1% excise tax of remittance transfers quietly passes in the One, Big, Beautiful
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The One, Big, Beautiful Bill Act's passing created "Trump Accounts", a savings plan for those
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Opportunity Zone Funds see five fundamental changes under the One, Big, Beautiful Bill Act, including
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Among the changes from the One Big, Beautiful Bill, Form 1099-K revert to 2025 threshold
