by Bobbie Witt | Nov 4, 2025 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Small Business
The IRS and U.S. Treasury are granting temporary (transitional) relief to lenders and other businesses that must report car loan interest under the One, Big, Beautiful Bill (OBBB) for the 2025 tax year. Under this relief: Simplified Reporting Requirement:Lenders will...
