If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...
Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?
A viral post claims a $10,000 tax credit for buying American cars. The truth is a more modest deduction for loan interest. We break down who qualifies and the real savings.
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 ...
This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new ...
He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...
Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...
There are several significant changes to the tax benefits Americans are entitled to claim this year including senior bonuses, ...