If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

Luxury car tax sounds like a punishment for people with taste, but in reality it is a targeted way for governments to raise revenue from high‑end purchases without touching everyday essentials. When a ...

Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...

The car tax or the personal property tax has been around in various forms for nearly the entirety of the United States’ ...

The EV incentives, both federal and state, have never been through the implementation of unprecedented changes as the clean vehicle tax credit heads towards the deadline of September 30, 2025, and ...

There are key changes already coming up for the car tax system ...