Trump's One Big Beautiful Bill includes a $10,000 car loan deduction — but strict rules mean most Americans won't qualify or ...
Trump’s tax overhaul solidifies write-offs of certain assets — setting off soaring demand from wealthy Americans.
The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above-the-line deduction of up to $10,000 in car loan interest.
A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...
With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Despite the elimination of the federal tax credit for electric vehicles, car buyers still get some tax relief. President Donald Trump’s Big Beautiful Bill includes a provision that allows car buyers ...
While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other write-offs ...
Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...
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 ...
If the financial alphas of TikTok are to be believed, there’s a secret loophole in US tax code that allows you to buy a Mercedes G-Wagon and deduct its cost from your taxes. They’re not entirely wrong ...