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Gideon Adler & Co., CPAsGideon Adler & Co.Certified Public Accountants · NJ

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Tax updates, plain English, from our team.

OBBBA analysis, tax-law changes, and firm news — as we work through them.

January 2, 2026

OBBBA Update 1/2/2026 — Auto Loan Tax Deduction 2025

New auto-loan interest deduction under OBBBA — which vehicles qualify, income limits, and how the deduction works.

Vehicles that qualify

  • Car, minivan, SUV, van, pickup truck, or motorcycle weighing under 14,000 pounds
  • Final assembly in the United States

How to qualify for the deduction

  • Singles: income under $150,000
  • MFJ: income under $250,000
  • Loan originated in 2025
  • Purchase — not lease
  • New vehicle — not used

Deduction

  • Interest only, capped at $10,000 — not the total car payment

December 9, 2025

OBBBA Update 12/9/2025

Initial roundup of the One Big Beautiful Bill Act tax provisions relevant to individuals and small businesses.

Summary of provisions to watch for in year-end planning. Contact us for a scenario-specific review of how the changes affect your return.

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