Bought A New Car? You May Be Able To Deduct The Loan Interest

A new federal tax deduction could allow eligible taxpayers to deduct up to $10,000 a year in interest paid on qualifying new-vehicle loans. But not every car or buyer qualifies.

Received An IRS CP53E Notice? Here’s What It Means

Millions of taxpayers received unfamiliar IRS CP53E notices during the 2026 filing season. Here’s what the notice means, why it was sent and what to do if you receive one.

IRS Highlights Free Direct Pay Option Ahead Of September Estimated Tax Deadline

With the September 15 estimated-tax deadline approaching, the IRS is reminding taxpayers about a free way to make federal tax payments directly from a bank account.

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Four Popular Tax Credits Could Soon Carry A New Refund Requirement

The Treasury Department and IRS have proposed an eligibility test affecting four widely used individual tax credits. The change would apply only when a credit produces money beyond the taxpayer’s federal income tax liability—and one filing detail could determine whether that additional amount is paid.

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Expanded Paid-Leave Tax Credit Gives Employers More Ways To Qualify

New IRS guidance explains how businesses can benefit from the permanently expanded federal tax credit for paid family and medical leave, including broader employee eligibility and a new insurance-premium option.