In February 2026, the IRS announced that interest rates will decrease for the second quarter of 2026, which begins April 1, 2026. The rates will be...
COVID-19 Tax Incentives & Planning
IRS Issues Guidance on Bonus Depreciation
In Summary The One Big Beautiful Bill Act (OBBBA) makes 100% bonus first-year depreciation permanent for qualifying property placed in service after...
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...
COVID-19 Business Loan & Grant Programs
Interest Rates to Decrease for Second Quarter of 2026
In February 2026, the IRS announced that interest rates will decrease for the second quarter of 2026, which begins April 1, 2026. The rates will be...
IRS Issues Guidance on Bonus Depreciation
In Summary The One Big Beautiful Bill Act (OBBBA) makes 100% bonus first-year depreciation permanent for qualifying property placed in service after...
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...


