In addition to capping your car payments at about 15% of your monthly take-home pay, financial experts also recommend that ...
The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they ...
Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...
Drivers buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trumps new tax law allows up to $10,000 in ...
The One Big Beautiful Bill Act, signed into law on July 4, 2025, lays out the requirements for new car buyers to receive the ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
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For many American households, that kind of monthly payment simply doesn’t fit in the budget, which is why buyers and lenders ...
In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...
Auto loans are a type of installment loan that split a car purchase into monthly payments over a period of years, which can make a new or used car more affordable. Auto loan terms typically run from ...
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