In Summary Temporary auto loan interest deduction (2025–2028): Under the One Big Beautiful Bill Act, taxpayers may deduct up to $10,000 of interest...
COVID-19 Tax Incentives & Planning
IRS Announces New Mileage Rates for 2026
In late December, the IRS announced the new optional standard mileage starts that will be in effect starting January 1, 2026. The rates are used to...
Charitable Giving Rules Change in 2026
Charitable contributions will be treated differently on federal tax returns beginning next year. New provisions in the One Big Beautiful Bill Act...
COVID-19 Business Loan & Grant Programs
New IRS Guidance on Car Loan Interest Deductions: What Taxpayers Need to Know
In Summary Temporary auto loan interest deduction (2025–2028): Under the One Big Beautiful Bill Act, taxpayers may deduct up to $10,000 of interest...
IRS Announces New Mileage Rates for 2026
In late December, the IRS announced the new optional standard mileage starts that will be in effect starting January 1, 2026. The rates are used to...
Charitable Giving Rules Change in 2026
Charitable contributions will be treated differently on federal tax returns beginning next year. New provisions in the One Big Beautiful Bill Act...

