NerdWallet

Section 179 Deduction: Limits, How It Works in 2025 and 2026

Thanks to the Section 179 deduction, you might not have to wait around to depreciate your business’s assets. Many, or all, of the products featured on this page are from our advertising partners who ...
Investopedia

You’ll Soon Be Able to Deduct Donations Without Itemizing—Here’s When That Starts

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 ...
Investopedia

IRS Releases 2026 Tax Brackets and Standard Deduction

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. Photo by JIM WATSON/AFP via Getty ...
CNN

IRS makes changes that will affect your taxes this year and next

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...
Governing

The Increasingly Inconsequential SALT Deduction

Now that the 2025 federal tax bill has been signed into law, it’s appropriate to revisit one of its most news-making elements: the federal deduction for state and local taxes (SALT). The new SALT ...
Road & Track

Porsche Debuts Inductive Wireless Charging for the Upcoming Cayenne EV

When EV owners complain about charging—as many do—they're normally grousing about the frustrations of dealing with the public network, where non-functional chargers and long lines at popular spots are ...
Bon Appétit

The Best Induction Burner for Precise, Efficient Cooking Just About Anywhere

The best induction burner: Duxtop Portable Induction Cooktop A splurge-worthy upgrade: Breville Control Freak Home The best double induction burner: Nuwave Double Induction Cooktop A budget-friendly ...
CNN

Here’s who will — and won’t — qualify for the new car loan interest deduction

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is the new ...
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 ...
The Hill

What to know about the $6,000 ‘senior deduction’ in GOP megabill

The latest version of the GOP’s “big, beautiful bill,” which passed both houses of Congress this week and is headed to President Trump for his signature on Friday, includes a $6,000 tax deduction for ...
The New York Times

Senate Bill Offers Interest Deduction for Buyers of American-Made Cars

But the benefits of the deduction, estimated to cost $31 billion over four years, may be limited to a narrow slice of consumers, economists say. By Alicia Chen On Tuesday, the Senate passed the ...