This year, there's a new tax break for interest on car loans that can apply to some people who bought a new car in 2025.
When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new ...
Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part of the ‘One Big Beautiful Bill’ passed by Congress early last year, a ...
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