Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S.

A new tax break under the ‘One Big Beautiful Bill’ could let you deduct up to $10,000 in car loan interest—if you meet ...

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 ...

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 ...