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Intuit CEO on partnership with OpenAI to integrate ChatGPT into tax software
CNBC Television· 2025-11-20 23:36
asked Darcy about the open AI partnership he announced earlier this week where chat GPT users will be able to access into it services within that app >> three aspects that that I'll mention uh experience sort of the data and models and then the third is economics on the experience this is a gamecher uh the reality is you have 800 million uh weekly uh active customers that are engaging within chat GPT and that's growing and these folks have a relationship with chat GPT and uh up until today when they have fi ...
3 Ways To Maximize Your Tax Deduction If You’re Itemizing for 2025
Yahoo Finance· 2025-09-24 14:07
Core Points - The One Big Beautiful Bill Act (OBBBA) increased the state and local tax (SALT) cap deduction to $40,000 from $10,000, benefiting homeowners in high property tax states [1] - The Tax Cuts and Jobs Act (TCJA) of 2017 made many itemized deductions permanent, but there are still opportunities for middle-class Americans to reduce tax bills starting with their 2025 returns [3] Mortgage Interest - Homeowners can deduct mortgage interest paid on up to $750,000 of mortgage debt starting in 2025, as per IRS guidelines [4] - Taxpayers should obtain their 1098 form from lending institutions to report mortgage interest [4][5] Medical Expenses - Medical expenses can be deducted if combined with SALT payments exceed the standard deduction, but only expenses exceeding 7.5% of adjusted gross income (AGI) are eligible [6] - Qualified medical expenses include co-pays, medical bills, insurance premiums, and transportation costs to medical appointments [7]