New tax breaks for tips, overtime pay and car loans come with strict limits that could leave many Americans out this tax season.

Learn how you can deduct up to $10,000 of car loan interest payments. This guide covers eligibility established by the “One Big Beautiful Bill.” ...

The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.

A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year. Lawmakers say the measure is designed to ease the burden of high auto prices ...

(CNN) — President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. CNN — (CNN) — ...

The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they discover they won't qualify for the much-publicized tax break on their 2025 ...

A debt-to-income ratio under 36% is ideal ...

Car prices keep soaring — the average price of a new vehicle topped $50,000 for the first time last year, and the share of ...

Find out if your new car or truck was built in the United States. See the window sticker or use a VIN Decoder tool at the National Highway Traffic Safety Administration website. Beginning on 2025 tax ...