President Donald Trump wants to make interest payments on car loans tax-deductible if the car is made in America. Does your ...

If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

President Trump proposed making loan interest on American-made vehicles tax deductible. Here's what tax policy experts say about the idea.

President Donald Trump said he wants to make interest payments on car loans tax-deductible – but only for vehicles made in the U.S.

President Trump in his address to Congress on Tuesday revived a campaign pitch to create a tax deduction for interest payments on car loans, amid a broader push for sweeping tax cuts. Mr. Trump ...

Lawmakers are planning to introduce legislation next week to allow car buyers purchasing American-made vehicles to deduct the interest paid on their auto loans from federal income taxes, U.S. Sen.

The announcement came as Trump touted his efforts to bolster the American economy, provide tax relief to U.S. citizens, and encourage domestic production.

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...

If you want to claim a tax deduction for business trips, you should be familiar with what is required and explore some of the ...

increases to the standard deductions, and tax credits available including the child, dependent care, adoption, energy efficiency, and electric vehicle tax credits. Q. Tax season is just around the ...