The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to ...

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

President Donald Trump's "big beautiful bill" ends a federal tax credit for electric vehicles after Sept. 30. The IRS clarified that consumers don't necessarily need to drive their purchased or leased ...

A new tax law allows you to deduct up to $10,000 in car loan interest. Find out if your vehicle qualifies, the income limits, ...

The EV incentives, both federal and state, have never been through the implementation of unprecedented changes as the clean vehicle tax credit heads towards the deadline of September 30, 2025, and ...

Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...

The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30 Not everyone will qualify for ...