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Standard Deduction for Dependents: Rules and Strategies
When it comes to taxes, dependents can affect your return in ways many families don't expect. Whether you're claiming a young ...
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The New Tax Deduction for Car Loans Isn’t As Great As It Sounds. Here’s How It Works.
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
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WARNER ROBINS, Ga. — After emptying your wallets this holiday season, you may be eager to get some of that money back. Tax season is weeks away, and it's time where you either empty your pocket again ...
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