Here’s another new tax break…Under the Big Beautiful Bill, interest on car loans for U.S. -built vehicles is now deductible up to $10,000 per year (2025–2028). Yes, you read that right —if you finance a qualifying vehicle, part of your car payment could now save you on taxes. Let me guess…Your CPA hasn’t flagged this at all. They’ll mention it in 2026 when you’ve already missed the chance to plan around it. So what else aren’t they telling you?Here’s the deal:
- Applies only to vehicles manufactured in the U.S.
- Deduction is capped at $10,000/year
- Phases out above $100K MAGI ($200K joint)
- Available only 2025–2028
For business owners and high earners under those thresholds, this could be a very simple way to capture extra tax savings. We’re already reviewing vehicle purchases with clients to see who qualifies — and how to make the most of it.
If you have any questions, please feel free to reach out to our team!
>> Schedule a strategy session today
Let’s run the numbers and see how much you could be saving.
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