New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...
To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...
New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
The One Big Beautiful Bill introduces tax deductions for tips, overtime, seniors, and vehicle purchases, with specific qualifications and phase-out limits.
The 2026 tax filing season began Monday, January 26, and everybody is expecting bigger refunds this year due to the 2025 tax ...
Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the ...
Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...