The Internal Revenue Service is not doing enough to make sure that donors of motor vehicles — and the charities that receive the gifts — are following the law so that donors do not take ...

This tax season, taxpayers who bought a new car in 2025 may be eligible for a new deduction on their auto loan. The One Big Beautiful Bill Act—also known as the Working Families Tax Cut—that was ...

A new tax break is available this filing season for taxpayers who have car loans on vehicles that meet certain specifications. The One Big Beautiful Bill Act (OBBBA), which was passed through Congress ...

A charitable donation tax deduction can help you lower your tax bill while simultaneously supporting a worthwhile cause. Tax-deductible charitable contributions include goods, cash, and property ...

The One Big Beautiful Bill (OBBB), championed by the Trump administration, has sparked discussions primarily around its changes to Social Security taxation. However, it also includes lesser-known tax ...

The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions. Money; Getty Images Drivers who purchased vehicles after Dec ...