The Internal Revenue Service is not doing enough to make sure that donors of motor vehicles — and the charities that receive the gifts — are following the law so that donors do not take ...

Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

Nonprofit groups that benefit from car-donation programs are scrambling to preserve what has become a small but steady source of income while responding to Congressional concern that donors are ...

Millions of car buyers in the U.S. could soon get some tax relief thanks to a provision in the so-called "big, beautiful bill" that was signed into law on July 4 by President Trump. The idea of giving ...

A charitable donation tax deduction can help you lower your tax bill while simultaneously supporting a worthwhile cause. Tax-deductible charitable contributions include goods, cash, and property ...

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 ...

There are several ways to buy a new car, from purchasing one outright with cash to financing it through a car loan. Now, however, a provision in the recently passed One Big Beautiful Bill (OBBB) ...