One Big Beautiful Bill – Key Provisions

IRS Outreach Connection FY26-01 Internal Revenue Service (IRS) sent this bulletin at 12/18/2025 02:09 PM EST In this editionThe IRS is providing implementation guidance on the One, Big, Beautiful Bill. Below are the expansions and changes to deductions affecting taxpayers as they prepare for the filing season. CAR LOAN INTEREST Key takeaways about this deduction: … Read more