WASHINGTON — The Internal Revenue Service, citing the drain that high gas prices are having on people's finances, said Monday that it is raising the automobile mileage rate that businesses and others ...
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Thousands To Benefit As IRS Rolls Out Temporary Relief: What To Know
The relief applies to qualified vehicles — cars, vans, SUVs, and motorcycles — weighing less than 14,000 pounds and assembled ...
Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
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