Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...

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 ...

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

Under Trump's new tax policies, taxpayers with vehicles will be able to benefit from the new no tax on car loan interest ...

The Treasury Department and IRS issued guidance clarifying a new tax deduction for interest paid on qualifying car loans ...

Treasury Secretary Scott Bessent has hailed President Donald Trump's decision to enable a deduction of up to $10,000 on auto ...

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

The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed tax ...

Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...

Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...