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 Daily Overview on MSN
IRS changes the rules on a driver tax break millions are counting on
Millions of Americans who drive for work or recently financed a car are heading into tax season with a very different set of ...
The Treasury Department and IRS issued guidance clarifying a new tax deduction for interest paid on qualifying car loans ...
The Daily Overview on MSN
Trump's car loan tax break could save thousands, but here's the catch
President Donald Trump's new car loan tax break promises eye catching savings for drivers who finance a new vehicle, with ...
The Department of the Treasury and the Internal Revenue Service provided guidance on the “No Tax on Car Loan Interest” provision enacted under the One, Big, Beautiful Bill. The proposed regulations ...
Taxpayers should check the vehicle information label to figure out whether a car they purchased this year qualifies for Trump ...
In addition to capping your car payments at about 15% of your monthly take-home pay, financial experts also recommend that ...
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 ...
The proposed regulations issued today relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, ...
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