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 ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

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

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 ...

TULSA, Okla. — A new tax deduction could help make your next vehicle purchase more affordable by allowing you to deduct interest paid on auto loans for certain American-made vehicles. "This is ...

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 ...

Auto insurance can be tax deductible when you use your vehicle for business. Learn what you can write off and how to find the ...