The Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor car perquisite valuations, an increased tax-free loan limit to ...
Preparing for your first vehicle loan involves much more than choosing a car and comparing prices. Lenders scrutinize your finances ...
Interest on auto loans is now deductible for some, but strict rules on income, vehicle type, and timing narrow who benefits.
Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.
Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...
Dort Financial Credit Union, a member-owned institution headquartered in Grand Blanc, Michigan, has adopted AutoPass™ GLBA, IEValidate ® True Income and Employment, and DealerCheck™ from Point ...
A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year. Lawmakers say the measure is designed to ease the burden of high auto prices ...
NerdWallet is committed to editorial integrityMany or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not ...
NerdWallet is committed to editorial integrityMany or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not ...
Around 100 million Americans are urged to check if they’re eligible for a new tax credit that rewards buyers of American-made cars. The One Big, Beautiful Bill Act (OBBA) approved a new tax credit ...
About one in five new-car buyers paid $1,000 or more per month for auto loans in the fourth quarter of 2025, according to data from the car website Edmunds. If your car payment is too high, it can ...
A car loan allows you to buy a vehicle without paying cash upfront Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff editor specializing in loans. She is ...