Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...

The federal government’s new “No Tax on Car Loan Interest” provision was enacted through last year’s Republican tax and ...

IRS guidance explains who qualifies for a new tax deduction on car loan interest, with limits on income, vehicle type, and ...

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is the new ...

The IRS announced a tax break for new vehicle buyers, allowing up to $10,000 in interest deductions on loans for US-assembled cars starting in 2025.

ORLANDO, Fla. – If you’ve been on the fence about buying an electric vehicle, you’ve got just days left to close the deal and potentially save thousands of dollars. The federal government’s clean ...

Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...