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

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...

Plus: Tax refunds, filing for free, car loan interest, Britney Spears goes to Tax Court, snowbirds suffer a defeat, Taxes ...

Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...

The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30 Not everyone will qualify for ...

New legislation eliminated the EV tax credit program on Sept. 30, 2025, making electric vehicle ownership more expensive. Anyone who bought an eligible used electric vehicle (EV) or plug-in hybrid ...