New Tax Deduction for Auto Loan Interest
July 9, 2025
The new tax legislation signed on July 4, 2025, introduces a temporary federal income tax deduction for interest paid on auto loans for new vehicles purchased between January 1, 2025, and December 31, 2028. What Qualifies? Eligible vehicles ... READ MORE
Category: Money Matters, Work & LifeTags: Auto Loan, Federal Income Tax, Tax Deduction