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 ...

Around 100 million Americans are urged to check if they’re eligible for a new tax credit that rewards buyers of American-made ...

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part of the ‘One Big Beautiful Bill’ passed by Congress early last year, a ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.

The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan ...

NBC News legal analyst Carol Lam discusses President Trump’s $10 billion lawsuit against the IRS and Treasury Department and ...

The Internal Revenue Service released proposed regulations on car loan interest, setting the stage ...

Millions of Americans still have tax returns in limbo as the IRS works to clear its backlog. Stream Los Angeles News for free, 24/7, wherever you are. WATCH HERE But there's a little good news if ...

CHICAGO -- The ABC 7 I-Team continues to investigate complaints about people waiting for months for their tax refunds. But that wait could eventually mean more money for you. A lot of people don't ...