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MyChesCo

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Tax deduction

Internal Revenue Service (IRS)
National

IRS Mileage Rates Shift for 2026 as New Car Loan Tax Break Takes Shape

January 3, 2026January 3, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service is reshaping how millions of Americans calculate driving-related tax deductions in 2026, raising the standard mileage rate for business travel while trimming rates …

IRS Mileage Rates Shift for 2026 as New Car Loan Tax Break Takes Shape Read More

Internal Revenue Service (IRS)
National

IRS Urges Taxpayers to Maximize Savings with Flexible Spending Arrangements During Open Enrollment

November 11, 2024November 10, 2024 - by Maryann Pugh

WASHINGTON, D.C. — As open enrollment season commences, the Internal Revenue Service (IRS) is urging taxpayers to take full advantage of flexible spending arrangements (FSAs), highlighting the significant tax benefits and …

IRS Urges Taxpayers to Maximize Savings with Flexible Spending Arrangements During Open Enrollment Read More
Donor-advised fund
Personal Finance

Donor-Advised Funds: A Smart Way to Give

October 17, 2024October 17, 2024 - by Joe Oliver

You can find several ways to make charitable gifts — but if you’re looking for a method that can provide multiple tax benefits, along with an efficient platform for giving …

Donor-Advised Funds: A Smart Way to Give Read More

Trending News

  • House GOP Tax Proposal Advances With Utility Bill Cut Measure

  • House Advances Utility Profit Limits Amid Rising Energy Costs

  • House Advances Bill to Expand Farm Loan Access in Pennsylvania

  • Court Upholds Conviction in Killing of Lebanon County Boy

  • Teens Identified in Fatal Townsend Hit-and-Run Crash

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Recommended Reading

Court News

Court Upholds Conviction in Killing of Lebanon County Boy

11 hours ago22 hours ago

Police News

Teens Identified in Fatal Townsend Hit-and-Run Crash

13 hours ago22 hours ago

Dayvon Gregory

Wanted Man’s Arrest Leads to Stolen Gun Charge

15 hours ago22 hours ago

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