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OBBBA Tax Deductions 2025: $10,000 Car Loans, $25,000 Tips, $40,000 SALT, and More

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

As you prepare to file your 2025 tax return, understanding the new OBBBA deductions can help you maximize your tax savings. 

The One Big, Beautiful Bill Act (OBBBA) created six new deductions for indiv...


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OBBBA Increases 529 Plan Limits to $20,000 and Expands Eligible Expenses (2026)

President Trump signed the One Big, Beautiful Bill Act (OBBBA) into law on July 4, 2025.

The law makes several changes to


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Your Crypto Tax Software Says You Owe $140,000. Your Gut Says It's Wrong. Here's What That Costs You.

By Clinton Donnelly, CEO, Founder | CryptoTaxAudit

 

You're staring at the number on your screen.

$140,000 in crypto gains.

You spent hours importing wallets. Matching transactions. Fighting with CSV fi...


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The IRS Is About to See Every Crypto Transaction You Make: Here's What That Means for You

Approximately 75% of US crypto traders fail to report all their cryptocurrency income to the IRS.

If that's you, the window to fix this is closing fast.

With Form 1099-DA now in effect, U.S. exchanges report every sale, swap, and transfer you make to the I...


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