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Donald Trump · AshwaubenonIf you are planning to take out an auto loan to purchase a car, you now may get a tax break thanks to President Trump's recently passed tax cut law. One of the many provisions introduced under the wide-ranging One Big Beautiful Bill Act is a tax deduction on auto loan interest.However, eligibility for this tax break is contingent upon meeting narrow criteria — only new cars assembled in the U.S. qualify for the credit. And while the deduction wi…See the Story
How will the new tax deductions on auto loans work?
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