The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...

The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they ...

Buying a new American-made car could mean a bigger tax break for many Americans. Under President Trump's new bill, drivers ...

President Donald Trump's new car loan tax break promises eye catching savings for drivers who finance a new vehicle, with some households potentially trimming thousands of dollars from their federal ...

The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...

The “No Tax on Car Loan Interest” provision from President Donald Trump’s One Big Beautiful Bill Act is now in effect, ...

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 ...

IRS guidance explains who qualifies for a new tax deduction on car loan interest, with limits on income, vehicle type, and ...

The proposed regulations issued today relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, ...

Choosing to buy a new car over a used one can help cut down on the maintenance costs that often accompany previously-owned vehicles. But new vehicles can also be a lot more expensive to purchase, ...

Child Tax Credit: This tax credit increases by $200 year over year, to $2,200 per child for the 2025 tax year. It applies to ...