Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...

A new tax break allows deductions on interest paid on new car loans for vehicles assembled in the U.S. until 2028. Experts believe the tax break is unlikely to significantly shift the market in favor ...

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...