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.

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 ...

Have you ever had to pay your local government for the wheels on your car? Local governments use wheel taxes to bring in more revenue to help fund public infrastructure projects. While not all ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.