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 law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

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 ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

TULSA, Okla. — A new tax deduction could help make your next vehicle purchase more affordable by allowing you to deduct interest paid on auto loans for certain American-made vehicles. "This is ...

Are you seeing a different amount than you were expecting in your first paycheck of 2026? Here’s a look at the new IRS tax ...

The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan interest if you buy an American-made vehicle. This means if you’re paying ...