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 ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

A viral post claims a $10,000 tax credit for buying American cars. The truth is a more modest deduction for loan interest. We ...

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 ...

A new tax law allows filers to deduct up to $10,000 in new car loan interest from 2025 to 2028. Find out the eligibility ...

The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these specific qualifications can benefit.

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

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 ...

As tax season descends, a new program allowing tax deductions for some new car loans could save some Texans money.