A new tax break on auto loan interest may help 4 million car owners

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

Homeowner tax deductions and documents: What you need to know before you file

Splitero reports homeowners should review tax deductions and credits before filing 2025 returns, including itemizing vs. standard deductions.

Up to $10,000 IRS car loan interest tax deduction in 2026: are you eligible under new income limits and vehicle rules?

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...

$6,000 senior tax deduction for federal returns has plenty of rules

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

What Are Individual Tax Returns, and How Do They Work?

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.
Young and the Invested on MSN

Filing soon? Here's 4 new tax deductions available this year

How the 'One Big Beautiful Bill' may affect your taxes ...
Detroit Free Press

Many expect bigger tax refunds, and headaches, in 2026 tax season

Many new tax breaks aren't automatic, including a tax break on tips, overtime, car loan interest or a bonus for those 65 and older. We are not heading anywhere close to tax simplification. It's likely ...