Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

Interest on auto loans is now deductible for some, but strict rules on income, vehicle type, and timing narrow who benefits.

The One Big Beautiful Bill Act created a temporary car loan interest deduction for American-made vehicles through 2028, which ...

Learn about new 2025 tax deductions and credits from the OBBBA, including overtime, senior and car loan breaks, so you can avoid missing valuable tax savings.

Unlock a new tax deduction for your vehicle. If you bought a new car in 2025, you could deduct up to $10,000 in loan interest ...

Every year, millions of Americans file their taxes hoping to get the most out of their deductions - and every year, some of ...

University of Hawaii Law Professor Nicholas Mirkay joins producer/host Coralie Chun Matayoshi to discuss what you need to know before filing your taxes this year, including what income is taxed, ...

There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are some vehicles that qualify.

WASHINGTON, D.C. — The Internal Revenue Service has updated its online Tax Withholding Estimator to reflect new tax provisions affecting tips, overtime pay, and other deductions following passage of ...

Sherwin-Williams supports vocational students, CREF announces career fairs,and industry groups announce new leadership and ...

Another same-old, same-old Form 1040 year? Definitely not, say experts who point to a number of significant differences between 2024 and 2025 tax returns, with implications for seniors and car buyers, ...

The “No Tax on Car Loan Interest” provision allows anyone who’s purchased a car from 2025 on to deduct the interest paid on the loan when they file their taxes. There are a few stipulations before you ...