A Republican congressman is leading a new bipartisan bill in the House of Representatives that would give married student ...

The House's first draft of tax legislation includes a provision sought by President Donald Trump to allow tax deductions for interest on car loans. The 389-page tax bill, which is a starting point for ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

They will need some way to resolve the issue so that their wages or tax ... interest and collection costs may be added to the outstanding loan balance. Borrowers who rehabilitate their federal ...

How what Trump has called his “big, beautiful bill” could change the federal government and the U.S. economy.

Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for ...

Student loan borrowers who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. What to do next.

“Making interest on car loans tax deductible was a key campaign promise made by President Trump. The Made in America Motors Act delivers on this promise by giving individuals and families a ...