Interest

4 Types of Deductible Interest Expense for Individuals

April 7th, 2026|Categories: Accountant, accountant near me, Auto Loan Interest, Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Deductions, Interest, Interest Deductions, Interest Expense Deduction, Investment Interest, Itemized Deductions, Mortgage Interest, One Big Beautiful Bill 2025, One Big Beautiful Bill Act, Student Loan Interest, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: , , , , , , , , , , , , , , |

How can you deduct interest expense on your 2025 individual federal income tax return and beyond? Let us count the ways. Although personal interest expense isn't deductible in general [...]

Deposit Interest into Five Tax Buckets

December 12th, 2023|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tx accountant, Interest, Investment Interest, Investments, Mortgage Interest, Services, Student Loan Interest, Tax, tax accountant, Tax Advisor, Tax Cuts, Tax Deductions, Tax Planning, Tax Rates, TCJA, The Burns Firm|Tags: , , , , , , , , , , , , , , , |

Interest rates rise and fall periodically, but the tax rules for deducting interest expenses remain the same — unless Congress changes them. Generally, the current rules have been in place [...]

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