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

The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they ...

Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...

Buying a new American-made car could mean a bigger tax break for many Americans. Under President Trump's new bill, drivers ...

President Donald Trump's new car loan tax break promises eye catching savings for drivers who finance a new vehicle, with some households potentially trimming thousands of dollars from their federal ...

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

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 ...

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

There are several ways to buy a new car, from purchasing one outright with cash to financing it through a car loan. Now, however, a provision in the recently passed One Big Beautiful Bill (OBBB) ...

A new $10,000 car tax break is making headlines — and it sounds like a dream come true for anyone with a car loan. Tucked inside the One Big Beautiful Bill is a “No Tax on Car Loan Interest” deduction ...

Choosing to buy a new car over a used one can help cut down on the maintenance costs that often accompany previously-owned vehicles. But new vehicles can also be a lot more expensive to purchase, ...

Child Tax Credit: This tax credit increases by $200 year over year, to $2,200 per child for the 2025 tax year. It applies to ...