Finance ❯ Tax Policy

Deductions

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IRS CEO Overhauls Leadership Days Before Filing Season Opens

Watchdogs warn a 26% staffing drop could strain processing during a season shaped by sweeping new tax rules.

Treasury Launches $10,000 Auto-Loan Interest Deduction for U.S.-Built Vehicles

IRS Details How to Claim Tip and Overtime Deductions, Delays Service-Exclusion Enforcement

Treasury, IRS Unveil Proposed Rules for ‘No Tax on Tips,’ Defining Eligible Jobs and Payments

Social Security Administration Revises Misleading Email on Benefit Taxes

Senate Republicans Plan to Lower SALT Deduction Cap, Prompting House Revolt

Senate Faces GOP Divisions Over $40,000 SALT Deduction Cap Proposal