The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...
Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...
Car loans are getting longer as prices and interest rates rise. Lower monthly payments may look appealing, but longer terms ...
The Treasury and IRS are implementing President Trump’s auto loan interest tax deduction, allowing eligible buyers to deduct ...
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Treasury implementing Trump’s car loan interest tax break: 'Putting money back in the pockets'
Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...
Drivers buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trumps new tax law allows up to $10,000 in ...
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 ...
Buying a new American-made car could mean a bigger tax break for many Americans. Under President Trump's new bill, drivers ...
As tax season descends, a new program allowing tax deductions for some new car loans could save some Texans money.
Discover how simple interest benefits borrowers in car loans and consumer purchases, and learn why it might not be ideal for ...
The pitch is tempting: finance the car and get an extra $1,500 off the price. Samuel figures if he accepts the deal he can ...
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