Singh Accounting

04/06/2026

04/06/2026

Beat the April 15th Tax Deadline with an Insider’s Edge!

Don't just file your taxes—fortify them.
Most accountants just enter numbers.
As a Former Auditor, I see what the IRS sees before they even look at your return. Whether you are in NYC, Long Island, or filing from out-of-state, you deserve a tax strategy that protects your hard-earned income.
The April 15th deadline is closing in fast. Don’t rush at the last minute and risk a red flag.
✅ Expertise in NYC & Multi-State Filings
✅ Former Auditor Perspective
✅ Small Business & Corporate Specialist

02/18/2026

2026 Tax Savings Opportunity: Understanding the New $10,000 Tax Deduction on Auto Loans.

To qualify for the deduction, the interest must be paid on a loan used to purchase a passenger vehicle for personal use that meets all eligibility requirements.

Lease payments do not qualify and the maximum annual amount a taxpayer can claim for this deduction is $10,000.

The deduction also doesn’t apply equally to everyone.

It begins to phase out when a taxpayer’s modified adjusted gross income exceeds $100,000 for individuals or $200,000 for married couples filing jointly, meaning fewer high-income filers will benefit.

To count as “qualified interest,” the loan must:

Must have originated after Dec. 31, 2024
Be secured by the vehicle purchased
Be used to buy a vehicle the original use of which began with the taxpayer (so used cars don’t qualify)
Be for a vehicle intended for personal (not business) use

02/17/2026

There are four new tax deductions for the 2025 tax year:

Tip Deduction (“No Tax on Tips”)
Overtime Deduction (“No Tax on Overtime”)
Car Loan Interest Deduction (“No Tax on Car Loan Interest”)
Senior Deduction (“Enhanced Deduction for Seniors”)

All of these were created by the “One Big Beautiful Bill,” which was enacted in July 2025, and are claimed on Schedule 1-A. However, they only apply for the 2025 to 2028 tax years.