Driver's Seat: Jay Soled, a professor of accounting and information systems at Rutgers University, offers tips on claiming vehicle usage as a business expense. A: The IRS code governing vehicle use ...
Drivers buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trumps new tax law allows up to $10,000 in ...
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 ...
Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...
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.
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 ...
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 ...
Despite the elimination of the federal tax credit for electric vehicles, car buyers still get some tax relief. President Donald Trump’s Big Beautiful Bill includes a provision that allows car buyers ...
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 ...