The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.

New tax law allows deduction of up to $10,000 in auto loan interest for U.S.-assembled vehicles Applies to new personal-use vehicles purchased from 2025–2028 Phases out for individuals earning over ...

As tax season kicks off, it’s time to see what changes happened in the tax code from 2024 to 2025. Well, what has changed? A lot — and most of ...

The Senate Finance Committee unveiled text for a multitrillion-dollar tax bill, part of a broader Republican domestic policy package. The legislation would let taxpayers deduct up to $10,000 of car ...

A new tax break allows deductions on interest paid on new car loans for vehicles assembled in the U.S. until 2028. Experts believe the tax break is unlikely to significantly shift the market in favor ...

The days are getting longer and W-2s are blooming, which can only mean one thing – the U.S. tax season is here. Many Americans may receive a bigger tax refund than in previous years as a result of ...

If you’re considering buying an electric vehicle, now is the time to act. The massive tax bill that President Donald Trump signed into law on July 4 eliminates the popular electric vehicle (EV) tax ...