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The New Tax Deduction for Car Loans Isn’t As Great As It Sounds. Here’s How It Works.
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.
Among the changes, it's removing local income tax savings tied to the new no tax on tips deduction and the $6,000 bonus ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Trump's administration claims that 88% of seniors won't pay taxes on Social Security due to a new tax law, but experts warn ...
There are a number of deductions that will occur from most employee’s compensation. Among these are applicable federal and state income taxes. Social Security deductions are also taken from each ...
Your 2026 paycheck may be about to get a boost: New and increased tax breaks from the 2025 Trump/GOP spending bill could allow millions of workers to increase their monthly take-home pay next year.
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