There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are ...
Bought and financed a new car in 2025? You may deduct up to $10,000 in interest under a new federal tax break. Learn who ...
Certified Public Accountant Angie Brazell breaks down the new car loan deductions you can file this tax season.
Felecia Stevenson, owner of six Jackson Hewitt locations, and Park Forest-based Kirby Ashley outline new deductions for tax filers.
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Tips, overtime, and car loans now qualify for federal tax deductions
Your next tax refund might be significantly larger than anticipated thanks to new retroactive legislation.
The new IRS Tax Withholding Estimator accounts for changes to tax credits and deductions introduced by the One Big Beautiful ...
Filing taxes may be more complicated this year as several new deductions take effect for the first time.
Some of the biggest tax changes in years could hit your federal return right now. From untaxed tips and overtime to a new incentive for new-car buyers, to a bigger child tax credit, Consumer Reports ...
Tax refunds are arriving for many, but a spike in gas prices and fears of rising inflation could put a damper on what consumers do with extra cash.
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, ...
New Mexicans can benefit from three major tax deductions this year, according to David Hicks from Oakmont Advisory Group.
The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and ...
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