Vehicle tax deductions for gig workers and the new car-loan interest deduction

If you drive for deliveries or rideshare work, you may already qualify to deduct business vehicle expenses. A new federal deduction, available for 2025–2028, also lets eligible borrowers deduct interest on certain personal vehicle loans. If you use the same vehicle for work and everyday life, it helps to understand which rules apply—and how the … Read more

Oregon business tax differences to check before claiming federal breaks

A federal tax break does not always carry through to Oregon. For a business owner, the practical risk is estimating both tax bills from one federal number. Oregon’s 2026 legislation identifies differences involving bonus depreciation and qualified small business stock. Oregon Revenue legislative summary. Can I deduct equipment in the same year on both returns? … Read more