This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...
Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.
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IRS proposes car loan interest rules
The Internal Revenue Service released proposed regulations on car loan interest, setting the stage ...
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New for 2026: How to deduct your car loan interest and save up to $10,000 on your taxes
A new tax law allows you to deduct up to $10,000 in car loan interest. Find out if your vehicle qualifies, the income limits, ...
For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...
The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, ...
He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.
When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new ...
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Mileage tax deduction: How to deduct gas and vehicle expenses in 2026
The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to claim it correctly in 2026.
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