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

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

The countdown is underway and the Tax Day deadline is now just a little over a month away for Americans. As taxpayers navigate all the new and changing rules since last year's tax season, what are ...

If you took out a car loan last year, you might be able to write off up to $10,000 of interest on the loan when you file your tax return this year.

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.

Taxpayers who bought a new car in 2025 may qualify for a new tax break in the upcoming filing season — so long as that vehicle was made in the U.S., the Internal Revenue Service said. Taxpayers should ...

Taxpayers who bought a new car in 2025 may qualify for a new tax break in the upcoming filing season - so long as that vehicle was made in the United States, the Internal Revenue Service said.