#tax policy

All articles tagged with "tax policy"

A temporary U.S. car-loan deduction is reshaping the appeal of American-assembled vehicles

A new auto-loan tax break tied to U.S. final assembly and income caps could change how some buyers compare vehicles, but the benefit is temporary and narrower than headline figures suggest.

Key Takeaways

A new deduction for auto-loan interest applies only to qualifying buyers and U.S.-assembled vehicles.
The tax break is expected to expire after 2028, limiting its value for long loans.

DT Editorial Team·Apr 23, 2026·via jalopnik.com

Prediction Markets Hit Tax Season Before Tax Rules Arrive

A surge in activity on platforms such as Kalshi and Polymarket has collided with a basic problem: millions of users may owe taxes on winnings, but there is still no clear federal playbook for how to report them.

Key Takeaways

The IRS has not issued clear guidance for taxing prediction market gains and losses.
Tax professionals are using different frameworks, including derivatives, gambling, and regular income treatment.

DT Editorial Team·Apr 7, 2026·via wired.com