Posts Tagged ‘tax planning for car buyers’
Important Update: New Tax Benefit for Car Purchases Beginning in 2025
If you’re planning to purchase a new car—or recently did so—there’s an important new tax benefit you should be aware of. Starting in 2025, taxpayers may be eligible to deduct the interest paid on a new car loan—a deduction that has not been available for several decades. We want to ensure you’re informed about this…
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