#tax-deductions

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fromThe Verge
2 weeks ago

What Big Tech got out of Trump's Big Beautiful Bill

The One Big Beautiful Bill Act provides significant tax benefits to the tech industry, including restored R&D deductions.
fromFast Company
2 weeks ago

Will the new tax break for car loans boost sales? What to know

A new tax deduction for vehicle loan interest is available under Trump's tax-cut law, effective from 2025 for new American-made vehicles.
fromFast Company
3 weeks ago

There's a new tax deduction for car loans in Trump's 'big, beautiful bill.' Here's who's eligible-and what's the catch

The deduction is available to those with "qualified passenger vehicles" who fall under certain income limits. For single filers with an adjusted gross income up to $100,000, the deductions on vehicle loans are capped at $10,000 in interest each year.
US politics
Travel
fromEntrepreneur
3 weeks ago

How to Turn Summer Travel into More Business and Less Taxes | Entrepreneur

Fewer than half of Americans plan to travel this summer primarily due to cost concerns.
fromNon Profit News | Nonprofit Quarterly
4 weeks ago

How to Fix the Nation's DAF System-a $250 Billion Question - Non Profit News | Nonprofit Quarterly

Over a quarter trillion dollars in donor-advised funds remains unallocated despite donor tax deductions hindering effective nonprofit funding.
US politics
fromwww.housingwire.com
4 weeks ago

What's in Trump's 'Big Beautiful Bill' for seniors?

Seniors may receive an additional temporary deduction of up to $6,000 in the Senate version of the bill.
Income thresholds for federal taxes on Social Security benefits have not changed in 40 years.
fromThe Local Germany
1 year ago

EXPLAINED: The best apps to help you track your German taxes

German tax law is complex, but tax apps can simplify filing and help maximize deductions.
#home-office
fromMy Edmonds News
1 month ago
Retirement

Sponsor spotlight: Watch out for these tax surprises - My Edmonds News

Home office deductions can lead to unexpected tax bills upon selling your home, especially if depreciation is involved.
fromThe US Sun
4 months ago
Business

Huge refund bonus for Americans that work from home revealed by tax expert

The home office deduction can significantly benefit Americans working remotely.
Understanding tax deductions available for home-based businesses is crucial for maximizing savings.
Business
fromThe US Sun
4 months ago

Huge refund bonus for Americans that work from home revealed by tax expert

The home office deduction can significantly benefit Americans working remotely.
Understanding tax deductions available for home-based businesses is crucial for maximizing savings.
more#home-office
fromAbove the Law
1 month ago

IRS Issues Memorandum Stating That Taxpayers Who Were Scammed Out Of Their Money Online Could Be Eligible To Claim A Theft Loss Deduction - Above the Law

The IRS recently clarified that victims of certain online scams can claim a theft loss deduction, addressing prior complexities with capital losses related to cryptocurrencies.
Cryptocurrency
SF politics
fromSFGATE
1 month ago

Missouri Weighs Tax Breaks for Storm Damage After Getting Hammered by Tornadoes

Missouri lawmakers are considering tax deductions for storm damage insurance deductibles to aid residents recovering from severe weather.
#homeowners-association
more#homeowners-association
fromSFGATE
3 months ago

Retirees Should Really Consider These Tax-Deductible Home Improvements in 2025

Planning for retirement and aging in place starts with considering home accessibility improvements, which may qualify for tax deductions.
fromFast Company
3 months ago

How working parents can maximize their tax refund

Parents can maximize tax refunds by utilizing key deductions and credits, particularly the Child Tax Credit and Child and Dependent Care Credit.
fromBusiness Insider
3 months ago

A CPA flags a tax strategy that saved one commercial real estate investor $1.8 million

Rental property owners can maximize tax savings using deductions and cost segregation studies.
fromMoney Digest
4 months ago

Tax Breaks You Should Know About If You Own A Home - Money Digest

The interest you pay on your mortgage loan is a tax-deductible property expense, providing significant benefits especially for new homeowners.
Retirement
Remote teams
fromMoney Digest
4 months ago

The Tax Deduction You Might Be Able To Claim If You Work From Home - Money Digest

Remote work is declining in the U.S., particularly among federal workers.
Workers from home can benefit financially through various tax deductions.
from24/7 Wall St.
4 months ago

Most Taxpayers Don't Understand How Tax Credits Actually Work

The majority of Americans confuse tax deductions and tax credits, with 64% unaware of the differences that can lead to missed savings and mistakes.
Retirement
fromEntrepreneur
4 months ago

How Landlords Can Maximize Their Tax Savings | Entrepreneur

Many property managers and landlords have difficulty understanding the complex rules and regulations the IRS sets forth concerning what changes you can count as either a repair or improvement in your property.
Renovation
France politics
fromThe Local France
5 months ago

Explained: The 2025 tax rebate rates for work travel in France

Annual fuel expenses scale set by authorities impacts tax deductions for vehicles used for work. Rates this year lower than last year.
Retirement
from24/7 Wall St.
5 months ago

4 Tax Breaks You Think You're Getting but Likely Don't Qualify For

Maximizing tax benefits requires awareness of deductions you may not qualify for, making professional consultation crucial.
fromSFGATE
5 months ago

Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year

Homeowners can reduce their taxable income by using Form 1098 for mortgage interest deductions.
#standard-deduction
more#standard-deduction
fromNew York Post
5 months ago

House-hacking strategy can help transform tax season into a gold mine

House hacking is a savvy strategy for homeowners to reduce living costs and maximize tax benefits.
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