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Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S.
Student loan borrowers’ options are dwindling and time is not on their side as the Trump administration turns up the heat to get all borrowers back in repayment. The recently passed “big, ...
At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...
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Soy Nómada on MSNYou could save $2,200 on your car loan under the new lawPresident Trump’s ‘One Big Beautiful Bill’ introduces a new tax deduction for car loan interest, with savings up to $2,200. Find out who qualifies and how it could affect your finances.
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Soy Nómada on MSNCan you still get forgiveness under Biden's SAVE plan with the new law?Federal student loans have changed significantly with the new 'One Big Beautiful Bill Act' (OBBBA). Curious how this impacts Biden’s SAVE plan and loan forgiveness? Here’s a quick overview of the ...
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