Posts by Pamela Chowdhury

The One Big Beautiful Bill Act (OBBBA), enacted in the summer of 2025, introduced a new temporary federal income tax deduction for auto loan interest. On January 2, 2026, the IRS published proposed regulations in the Federal Register clarifying how the write-off works. The deduction is available whether or not taxpayers itemize their returns and…

Picture two neighbors separated by a fence, both deciding how to seed and fertilize their respective lawns. One goes for a combination that grows like crazy in a typical wet spring and turns a lustrous green — only to quickly brown during the first extended dry spell in the summer heat. The other opts for…

How would you rate your financial literacy? Most small business owners (84%) don’t have a business degree or formal financial training — and just over half (54%) felt confident in their financial knowledge before launching their businesses, according to a 2025 QuickBooks survey. Even owners who think they understand financial matters often hit roadblocks. Roughly…