MiBolsilloColombia on MSN

SALT, senior deductions and car loans: how the new tax law affects you

A new 2025 tax law reshapes key deductions, affecting SALT limits, seniors, and car loan write-offs for millions of Americans ...
Nasdaq

Guide To The Tax Implications Of A Cash-Out Refinance

If you’re a homeowner looking to access some of your home’s equity, you may want to consider a cash-out refinance. A cash-out refinance allows homeowners to tap their home’s equity without selling ...
Yahoo

5 Home Ownership Expenses That Are Tax Deductible—and 5 That Aren’t

If you bought your first home in 2023 or refinanced your home, then you might be in line to take advantage of some home buyer tax deductions that will help you toward a healthy tax return. Any home ...
Money Talks News on MSN

The new tax deduction for car loans isn’t as great as it sounds. Here’s how it works.

The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it to deduct interest you pay during those four years.
KTVZ

Here’s who will — and won’t — qualify for the new car loan interest deduction

(CNN) — President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is ...
CBS News

Home equity loan tax deductions: What to remember this tax season

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The latter feature is particularly important to understand now, with ...
AOL

What are cash-out refinance tax implications?

You won’t owe taxes on the cash you receive from a cash-out refinance. If you use the cash to fund capital improvements on your home, the interest may be tax-deductible. Any mortgage interest you ...