The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...
The new tax deduction, a key feature of Trump’s bill, aims to provide financial relief to workers in specific industries. The list, revealed by the Treasury Department reported Axios, includes a wide ...
Detroit Free Press on MSN
IRS gives details on what lenders need to do for 2025 new car loan interest tax deduction
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
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