Millions of Americans began working remotely or from home during the coronavirus pandemic. Others decided to take the leap amid the "Great Resignation," start their own business and become their own ...
The 2017 Tax Cuts and Jobs Act (TCJA) took major steps towards reducing the scale of itemization in the individual income tax by raising the standard deduction and limiting certain deductions. At the ...
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New charitable giving tax deduction worth up to $2,000 is coming soon, and you don’t have to itemize
Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...
Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.
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