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Brittany Black 11/6/26 Brittany Black 11/6/26

IRS finalizes regulations for the auto loan interest deduction

Will you be able to claim a 2026 tax deduction for personal auto loan interest? The rules are more complex than you may think, but recently issued final IRS regulations clarify some important issues.

Calculating Tips and Overtime Deductions for 2025

The IRS has issued guidance for taxpayers wanting to claim new deductions for qualified tips income and qualified overtime compensation for 2025.