A new deduction based on income lets you save money on a new auto purchase, but how much you'll save will vary state by state. Here's the savings breakdown.

Prepare for the 2026 tax season with new laws affecting the SALT deduction, car loan interest, and larger 401(k) catch-up ...

A number of the federal tax changes in the “Big Beautiful Bill” deliver less than they seem to promise, but nonetheless offer opportunities for some people to save a bit of money. In last week’s ...

WASHINGTON (TNND) — President Donald Trump floated a new proposal that would allow Americans to deduct interest payments on car loans for vehicles made in the United States. After conversations with ...

A new tax break in the “One Big Beautiful Bill Act” lets eligible buyers deduct interest on qualifying new vehicle loans from ...

TULSA, Okla. — A new tax deduction could help make your next vehicle purchase more affordable by allowing you to deduct interest paid on auto loans for certain American-made vehicles. "This is ...

Buying a car might soon come with more than just a new ride and another line on your monthly budget. If a new tax proposal currently under consideration in Washington moves forward, some car buyers ...

It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.

Yes you can stil banefit from the mileage tax deduction if you own a EV like a Rivian or Tesla. The savings can be quite valuable tax wise, in reduced emissions and in the cost of driving your car. As ...