If you use your car for business, you can deduct some or all of your insurance expenses from your taxes. This includes self-employed business owners, contractors, freelancers and people who drive for ...

Rep. Dave Taylor's USA Car Act mirrors that of fellow Ohio Republican Bernie Moreno, an auto-dealer-turned-senator.

There are two methods for computing deductible expenses related to a vehicle. Actual costs or standard mileage allowance.

In the case of a vehicle for professional use, the deductible applied shall be that indicated in the contract, if this is greater than €380. If your insurance contract does not include a natural ...

President Trump has announced his administration’s efforts to create a new tax deduction for auto loan interest payments made on US-made vehicles to boost domestic manufacturing and counter ...

There are common scenarios where pet owners cannot claim tax deductions, even if their pet plays a significant role in their ...

At the time, he said he intended to make interest paid on car loans fully deductible. But as the months passed, that particular tax proposal didn’t get so much attention. Other ideas ...

Dave Taylor (R-OH) is working on legislation to allow consumers to get deductions on their auto ... The bills would, among other things, create tax breaks for auto manufacturers based in the ...