Tax laws seem to change every year or two, and it can be difficult to keep up with what is deductible this year versus last year. The 2025 tax law changes created several important new opportunities. Some people may benefit from deductions such as interest on qualifying new car loans, changes to the state and local tax deduction, and other provisions that may make itemizing more valuable. There are also changes involving tip income, as well as new charitable deduction rules b
