Is car loan interest tax-deductible in 2025? Learn who qualifies under the new 2025 to 2028 rules, income limits and business ...
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 ...
A new $10,000 car tax break is making headlines — and it sounds like a dream come true for anyone with a car loan. Tucked inside the One Big Beautiful Bill is a “No Tax on Car Loan Interest” deduction ...
Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...
A new tax break allows deductions on interest paid on new car loans for vehicles assembled in the U.S. until 2028. Experts believe the tax break is unlikely to significantly shift the market in favor ...
Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...