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New Tax Deductions for Service Workers, Seniors & Car Buyers

Published 12 hours ago
Description

New tax deductions for the 2025 season offer savings for service workers, seniors, and new car owners. Tipped employees can easily claim their benefits, while seniors receive an automatic $6,000 boost to their standard deduction. New car buyers can deduct up to $10,000 in loan interest, provided the vehicle was assembled in the U.S. Gather your pay stubs, W-2s, and loan documents to ensure you maximize your refund.

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