News

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...
At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...
Shopping for a new car is exciting, but taking out a loan to pay for it can be overwhelming in the long run if you're not ...
The Republicans' signature tax cut and spending package – dubbed the "big, beautiful bill" – that was signed into law last ...
A new deduction lets you write off interest on car loans for new vehicles, but eligibility rules and income limits may reduce ...
No Tax on Tips' wasn't the only new tax write-off signed into law. However, the car loan tax deduction only applies to ...
Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...
In most cases, personal loan interest is not tax deductible because you generally can't deduct personal expenses. There are certain situations where personal loan interest is tax deductible, like ...