Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?

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 ...

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 ...

Is vehicle sales tax deductible? Find out how you can lessen your tax burden. Learn who can qualify and how you can claim and ...

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 federal income tax returns.

He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.

There are several ways to buy a new car, from purchasing one outright with cash to financing it through a car loan. Now, however, a provision in the recently passed One Big Beautiful Bill (OBBB) ...

Add Yahoo as a preferred source to see more of our stories on Google. Choosing to buy a new car over a used one can help cut down on the maintenance costs that often accompany previously-owned ...

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.