Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
Taxpayers who buy a new car assembled in U.S. may be able to deduct up to $10,000 beginning in 2025. To help sort out the ...
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
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Your Car Payment Just Got Cheaper: New Tax Deduction Worth up to $10,000
President Trump's new tax law allows Americans to deduct up to $10,000 in car loan interest annually. However, strict income ...
A new Republican tax break promises up to $10,000 in deductions, but strict assembly and income rules exclude many buyers, ...
Expensive EVs and luxury vehicles, among other factors, have driven up the average transaction price to $50,080.
The average new car price has skyrocketed to $50,000. Tariffs, the end of the federal EV tax credit and luxury car sales are ...
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