Section 179 Vehicles: Does My Vehicle Qualify For The Section 179 Deduction In 2026?

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...
El Adelantado de Segovia

It’s official—the One Big Beautiful Bill Act activates six new tax deductions and changes the 2026 tax season

As Treasury Secretary Scott Bessent announced last year, taxpayers will receive “very large refunds,” in his own words, ...
kcra.com

New rules for how much you can deduct in charitable contributions

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...
Fast Company

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

While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other write-offs ...

Treasury implementing Trump’s car loan interest tax break: 'Putting money back in the pockets'

Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...
News Tribune

Tax Breaks for Charitable Contributions Are Returning for 150 Million Americans

Starting in the 2026 tax year, new rules will allow Americans who take the standard deduction — about 90% of all taxpayers — to also claim a charitable-giving deduction. Money; Getty Images In a major ...