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

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 ...

The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to claim it correctly in 2026.

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 ...

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.

When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new ...

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 ...

The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

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

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