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 ...

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 ...

Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?

Consumer debt continues to rise in 2025, providing no relief for cash-strapped Americans. Total nonhousing household debt exceeded $3.75 trillion in the second quarter of 2025, according to recent ...

Kennedy Edgerton is a personal finance editor, leveraging his passion for writing and personal finance to produce stimulating content that empowers readers to enhance their lives through advised ...