July 22, 2025

Preparation

Loans

Trump’s new car loan interest deduction: Who qualifies

How to control your finances on a tight budget Living on a tight financial budget? That doesn’t mean you can’t take control of your finances. Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able

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Crypto

Should I report crypto, Bitcoin, NFTs on my taxes? Steps, what to know

Most meme coins not under SEC jurisdiction: Peirce Head of the SEC Crypto Task Force and SEC Commissioner Hester Peirce gives her take on meme coins and says the SEC will look at the facts and circumstances, but says most meme coins probably don’t have a home in the current set of regulations. Bloomberg Digital

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Investors

Judson Gee’s Guide to Tax Mitigation Strategies for High-Income Earners, Investors & Business Owners

Ethan Stone  |  Contributor For high-income earners and business owners, taxes often represent their largest recurring expense. While many financial advisors focus on basic tax strategies, such as tax-loss harvesting, more advanced methods exist that can potentially legally and significantly reduce tax burdens. Judson Gee, Managing Partner of JHG Financial, has built a reputation as

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