IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...
Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...
“This program could pay out hundreds of millions of dollars over the next few years,” he said in an interview with iPolitics. Wayne Long, Secretary of State (Canada Revenue Agency and Financial ...
Last year, data show Americans drove away from dealerships with more than 15 million new vehicles, with roughly 80% of buyers reportedly relying on financing to purchase. So far in 2025, average car ...
U.S. Treasury Secretary Janet Yellen said on Tuesday she is looking for G20 countries to reach political agreement on a ...
Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued a ruling on October 8, 2025, clearly ...
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.
Labour suffered its first parliamentary defeat in Caerphilly for 100 years as Plaid Cymru claimed victory in the Welsh Parliament by-election. Nigel Farage's Reform pledged to "throw everything" at ...
Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...
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