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Your Car Loan Just Got Cheaper as New Bill Allows Tax Write-offs on Interest

The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above-the-line deduction of up to $10,000 in car loan interest.
AOL

8 Car Expenses You Can Write Off on Your Taxes (Even Personal Use)

From eggs to gas prices, expenses have likely gone up in just about every aspect of your daily life. The financial strain is taking a toll on American families and individuals, especially car owners ...
WDSU

Rossen Reports: What can I write off on my taxes?

New tax deduction rules can help self-employed Uber and Lyft drivers save money this tax season.The IRS allows two methods for deducting vehicle expenses. The standard mileage rate for the 2024 tax ...
The Drive

Why the Mercedes-Benz G-Wagon is a Secret Tax Write-Off

If the financial alphas of TikTok are to be believed, there’s a secret loophole in US tax code that allows you to buy a Mercedes G-Wagon and deduct its cost from your taxes. They’re not entirely wrong ...
Autoblog

Your Car Loan Just Got Cheaper as New Bill Allows Tax Write-offs on Interest

The U.S. House of Representatives new bill would resurrect auto loan interest tax deductions—but there are several details to consider. The U.S. House of Representatives has passed President Trump’s ...