New Car Loan Tax Break Rolls Out Under One Big Beautiful Bill

Mega Doctor News Texas Border Business A new federal tax deduction created by the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025 (Public Law 119‑21), allows individuals to deduct interest paid on car loans for eligible personal-use vehicles. This deduction is available for tax years 2025 through 2028, meaning it … Continue reading New Car Loan Tax Break Rolls Out Under One Big Beautiful Bill