The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30 Not everyone will qualify for ...
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 ...
Sales of electric cars and trucks could be scorching hot at the end of summer, according to industry analysts, as buyers race to lock in clean vehicle tax credits that expire in September. A lucrative ...
New car loan interest deduction lets buyers write off up to $10,000—but the real winners may be automakers, not middle-class taxpayers.
You can get up to $4,000 off eligible used EVs and plug-in hybrids at Carvana during checkout — but don’t forget to transfer your credits to the company next year. You can get up to $4,000 off ...
President-elect Donald Trump’s transition team is reportedly planning to end the $7,500 federal Clean Vehicle Tax Credit in 2025. The subsidy, which was always meant to be temporary, was a signature ...
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