The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

The current car perquisite policy under the Income Tax Act, 1961, offers tax benefits for combustion engine cars but lacks ...

The proposed regulations point to a more structured approach for car loan interest. By setting clear eligibility standards ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, ...

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

Anthony Albanese’s new ‘ute and car tax’ is set to create a stark divide between the cars Aussies love and the newcomers.

With the final sales numbers tallied for 2025, more than 2.5 million electric vehicles have been sold in California since ...

Australians are about to pay more for their next car, not because of inflation, supply shortages or interest rates, but ...

Motorists have been warned they could face a £2,500 fine over a vehicle they don't drive. Mike Thompson, Chief Operating ...

He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...