Latest News for: deductible

Edit

Michael R. Worthington: Benefits of the new car interest deduction

Daily Advance 30 Aug 2025
Buying a new car just got less expensive for many people because there is a new income tax deduction for the interest paid on some new car loans backdated to the beginning of this year. To be eligible, the car ... .
Edit

FBR deducts tax from Kuwaiti diplomat

The News International 30 Aug 2025
Despite enjoying impunity from payment of taxes in Pakistan, one Kuwaiti diplomat has approached the Federal Tax Ombudsman (FTO) to launch a complaint on the deduction of Income Tax by declaring him as a non-filer.
Edit

New Tax Law Expands Charitable Deductions for Non-Itemizers

Texas Border Business 29 Aug 2025
... deductions to receive a tax benefit for charitable giving still.
Edit

New 5% Income Floor Limits Charitable Deductions for Itemizers

Texas Border Business 29 Aug 2025
... change for taxpayers who itemize deductions and give to charity.
Edit

Love The Traitors Ireland? Then you need to play these social deduction video games

RTE 29 Aug 2025
To get you into the treacherous mood (and sate your hunger for all things betrayal), there are plenty of social deduction video games you and your friends can dip into for high-stakes, tense and utterly hilarious fun.
Edit

Federal SALT Deduction Cap Temporarily Increased to $40,000

Texas Border Business 28 Aug 2025
... to the State and Local Tax deduction, often referred to as SALT.
Edit

How Roth conversions could slash Trump's $40,000 'SALT' deduction for high earners

CNBC 27 Aug 2025
Trump's "big beautiful bill" increased the SALT deduction cap to $40,000. But Roth conversions could threaten the tax break for higher earners ... .
Edit

ITR Filing: Comparison Of Deductions Under Old And New Tax Regime For FY 2024-25

NDTV 26 Aug 2025
The old regime allows for various deductions and exemptions, such as under Sections 80C, 80D and HRA, while the new regime offers lower tax rates ... .
Edit

New call to scrap National Insurance deductions and increase the number of tax bands

Daily Record 26 Aug 2025
A new online petition also proposes increasing the Personal Allowance to help people with daily living costs ... .
Edit

Will bigger SALT deduction be a boon or boondoggle for N.J. taxpayers?

Lehigh Valley 26 Aug 2025
New Jerseyans have been screaming about it for years ....
Edit

Letter: Social Security bonus deduction not a tax cut

The Bismarck Tribune 25 Aug 2025
On July 3rd I received an Email from the Social Security administration announcing that passage of the the OBBB (One Big Beautiful Bill) means there will no longer be federal tax on Social Security benefits. In an "Open Letter to ... .
Edit

Non-EU property owners in Spain can now deduct rental expenses and receive tax rebates

Spanish News Today 25 Aug 2025
Spain’s National Court has ruled that preventing non-EU property owners from deducting rental expenses violates EU law, a decision which allows non-EU investors to claim substantial tax refunds and reduce future liabilities.
Edit

ITR filing 2024–25: Comparing deductions under old and new tax regime

India Today 22 Aug 2025
ITR filing Comparing deductions under old and new tax regime ... .
×