A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...
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 “No Tax on Car Loan Interest” provision allows anyone who’s purchased a car from 2025 on to deduct the interest paid on the loan when they file their taxes. There are a few stipulations before you ...
The variance in GAAP earnings (loss) and core earnings is partly driven by the impact of non-cash net gains and losses from fair value adjustments. These fair value adjustments relate primarily to ...
As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.
The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, offering dealerships and consumers detailed guidance on which vehicles ...
On Dec. 31, the Treasury Department released proposed regulations interpreting the new interest deduction for automobile loans. The Treasury has been accused of dropping unpopular rules on us late in ...
These changes, which take effect this year, are designed to provide tax relief across a broad range of categories, from working Americans and seniors to business investment and family support. Notices ...
Find out if your new car or truck was built in the United States. See the window sticker or use a VIN Decoder tool at the National Highway Traffic Safety Administration website. Beginning on 2025 tax ...