The One Big Beautiful Bill Act (OBBBA) provides an annual deduction of up to $10,000 for interest paid on qualifying new auto loans, effective for tax years 2025 through 2028.
This article provides an overview of some key provisions in the new tax law, commonly called the One Big Beautiful Bill Act.
It’s important for heirs to consider how a windfall might be used to strengthen their finances now and over the long term.
In addition to advancing philanthropic goals, strategic charitable donations may offer tax advantages.
Use this calculator to estimate the cost of your child’s education, based on the variables you input.