news2025December

  • 💼 Temporary Deduction for Qualified Tips & Overtime Pay (2025)

    • December 23, 2025
    • Posted by: Mahfuj Ruzel
    • Categories: Finance & accounting, Marketing, Tax Credit, Tax News, Tax Preparation
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    For tax year 2025, the Internal Revenue Service (IRS) has introduced a temporary deduction for certain workers receiving qualified tips and overtime pay, providing much-needed tax relief to hourly employees, service industry workers, and those earning extra through overtime. This deduction applies to income earned in 2025, filed during the 2026 tax season.

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  • Child Tax Credit Increased to $2,200 per Child for Tax Year 2025

    • December 23, 2025
    • Posted by: Mahfuj Ruzel
    • Categories: Finance & accounting, Marketing, Tax Credit, Tax News, Tax Preparation
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  • 2025 SALT Deduction Cap Boosted to $40,000 — What Taxpayers Need to Know

    • December 22, 2025
    • Posted by: Mahfuj Ruzel
    • Categories: Finance & accounting, Tax Credit, Tax News, Tax Preparation
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  • IRS Introduces New Car Loan Interest Deduction (2025–2028) – Full Guide

    • December 22, 2025
    • Posted by: Mahfuj Ruzel
    • Category: Uncategorized
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  • Updates for the Tax year 2025

    • December 16, 2025
    • Posted by: Mahfuj Ruzel
    • Category: Tax News
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    📢 Major Updates for Tax Year 2025 (Filed in 2026)

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  • Tax Break for Older American

    • December 15, 2025
    • Posted by: Mahfuj Ruzel
    • Categories: Finance & accounting, Tax News, Tax Preparation
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    If you’re age 65 or older, the IRS has introduced a NEW additional deduction of up to $6,000 — and yes, it’s REAL and IRS-approved!

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