If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

The Internal Revenue Service released proposed regulations on car loan interest, setting the stage ...

President Donald Trump’s “One Big Beautiful Bill,” which he signed on July 4, 2025, included some welcomed relief for eligible new car buyers, who are facing high purchase prices and interest rates.

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

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 ...

Millions of Americans who drive for work or recently financed a car are heading into tax season with a very different set of rules than they had just a year ago. The Internal Revenue Service has ...