Tax Navigation by PaperWerks
Listed Property: How to Keep Your Vehicle & Equipment Deductions (Without the IRS Headache)
by: John B Love IIIPublished on: 17/03/2026Listed property—like business vehicles and other mixed-use equipment—has strict depreciation and documentation rules. Learn the 50% business-use test, when ADS/straight-line applies, recapture risks, and what records you need to keep to protect your deductions.
Luxury Auto Depreciation Limits for 2025 (IRC §280F): A Practical Guide
by: John B Love IIIPublished on: 12/03/2026A practical 2025 guide to IRC §280F luxury auto depreciation limits—covering passenger auto definitions, annual deduction caps, how special depreciation increases the first-year limit, Section 179 interactions, and an example showing depreciation continuing after the recovery period.
New Senior Deduction (2025–2028): What Taxpayers 65+ Need to Know
by: John B Love IIIPublished on: 02/01/2026Learn how the temporary $6,000 senior deduction (2025–2028) works, who qualifies at age 65+, how the MAGI phaseout applies, and how it stacks with the additional standard deduction.
New for 2025–2028: The Qualified Passenger Vehicle Loan Interest Deduction (Up to $10,000)
by: John B Love IIIPublished on: 02/01/2026Learn about the new 2025–2028 deduction for qualified passenger vehicle loan interest—up to $10,000—plus income phaseouts, vehicle eligibility rules, and what you need to claim it.
