A new tax deduction allows buyers to claim up to $10,000 a year on interest paid for new, American-made cars. The deduction ...

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

A new deduction will allow taxpayers to deduct the interest they paid on a car loan in 2025. But the car loan must be for a ...

A new 2025 tax break lets car buyers deduct up to $10,000 in interest, offering potential savings and boosting auto sales.

A new federal deduction allows some drivers to write off interest on new car loans. Here’s who qualifies and how to claim it.

The IRS has released guidance on a new deduction that allows eligible taxpayers to write off up to $10,000 in auto loan ...

A number of the federal tax changes in the “Big Beautiful Bill” deliver less than they seem to promise, but nonetheless offer opportunities for some people to save a bit of money. In last week’s ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan being a first lien on the vehicle. The deduction has an annual limit of $10 ...

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

Tax deductions can significantly reduce your taxable income, but some often get missed. Take a look at 12 deductions that are commonly overlooked when filing.