IRS Rolls Out Rules For Deducting Car Loan Interest Under The New Tax Law

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

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners

Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Many new tax breaks in the bill — on auto loans, tips and overtime ...
Fast Company

There’s a new tax deduction for car loans in Trump’s ‘big, beautiful bill.’ Here’s who’s eligible—and what’s the catch

While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other write-offs ...
Forbes

A First Look At The New Tax Form For Claiming Deductions For Tips, Overtime, Car Interest And Seniors

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
Hosted on MSN

How to Refinance Your Car With Bad Credit

You might qualify for an auto refinance loan with bad credit. Refinancing a car loan with bad credit isn’t always beneficial, but it can make sense in certain circumstances. There are several things ...
NBC Connecticut

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners

Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Stream Connecticut News for free, 24/7, wherever you are. Many new ...