The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.

Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...

The new BBB tax cuts bring targeted relief, but for many taxpayers, actual savings may be limited or even unnoticeable in ...

After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle loans could be eligible for the tax break this year, if purchasing patterns ...

As a 2024 presidential candidate, Donald Trump promised to reduce the corporate tax rate from 21% — the rate set by Trump's 2017 tax law — to 15% for companies that make their products in America. His ...

Let's assume an interest rate of 9.5% on a six-year car loan. On a $42,000 car loan in this example, the borrower would pay $768 a month. The first year of interest would add up to a bit more than ...

Despite falling interest rates and rising tariffs, US bond yields, a weakening dollar, and soaring gold signal foreign ...

For top-bracket taxpayers, the Proposed Deduction reduces the effective tax rate on qualifying BDC interest income from 40.8% to 32.29%, an 8.51% reduction.

Congressional Republican Tax Proposals Would Push Inflation and Interest Rates Even Higher. Against a backdrop of tariffs pushing consumer good prices higher, Congress’ budget reconciliation ...