Did You Buy a Brand New Car in 2025? You Could Qualify for a Tax Deduction
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Did You Buy a Brand-New Car in 2025? You Could Qualify for a Tax Deduction
Buying a brand-new car is exciting, but did you know it could also bring tax savings? If you purchased a new vehicle in 2025, you may qualify for up to a $10,000 tax deduction on the interest paid when filing your return.
Tax laws are always changing, and many taxpayers miss out on deductions simply because they aren’t aware of them. By properly claiming this deduction, you can lower your taxable income and keep more money in your pocket.
How FACT Advisors Can Help
Our team of experienced tax professionals can guide you through what you qualify for, ensure your deduction is correctly claimed, and maximize your potential savings.
Don’t leave money on the table, reach out to FACT Advisors today to schedule a consultation and get the guidance you need for your 2025 taxes.