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 ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

A new Republican tax break promises up to $10,000 in deductions, but strict assembly and income rules exclude many buyers, ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

The agency said it is providing the relief because both lenders and the IRS need more time to comply with the new car loan interest reporting requirements added by H.R. 1.

President Trump's new tax law allows Americans to deduct up to $10,000 in car loan interest annually. However, strict income ...

The average new car price has skyrocketed to $50,000. Tariffs, the end of the federal EV tax credit and luxury car sales are ...

Colorado's purchases of clean electric vehicles and plug-in hybrid electrics soared in the third quarter of 2025 as credit ...

The average American new car buyer paid $50,080 in September — a new record, and the first time the figure has ever topped ...