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.
For many Americans, tax season delivers the biggest single financial boost of the year. But this year’s filing season may also be one of the most confusing in decades — and that confusion could cause ...
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 ...
Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.
Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...
Attacks on gas facilities by Israel and Iran have escalated the war and impacted global markets. And, renowned union leader ...
A stack of bills under consideration by lawmakers would increase taxes or impose new levies on cars, liquor, real estate, capital gains and more.
Michigan workers and retirees will see new tax breaks for tips, overtime and retirement income in 2026. But what do you do on ...
The Internal Revenue Service has published a new Schedule 1-A and updated instructions for claiming the new tax breaks in the One Big Beautiful Bill Act for tips, overtime, car loans, and senior ...