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News
The Corvette He Bought New in 1972 Sold for $95,000 at 76. The Buyer Called It a Classic. Medicare Called the Gain Income.
2+ day, 23+ hour ago (591+ words) Selling a car you bought new half a century ago feels like a victory lap, but one government agency sees the payday as something else entirely, and the bill arrives two years later when most people stop expecting it. The…...
He Lost His CDL Medical Card at 61. Social Security Did Not Automatically Call Him Disabled.
6+ day, 21+ hour ago (594+ words) After 30 years behind the wheel, a failed DOT physical can end a trucking career in a single afternoon, but the path to Social Security disability benefits follows a completely different set of rules that surprises most drivers who assume… This…...
You Can Now Deduct Car Loan Interest but Only if the Final Assembly Happened in America. Here's How to Check If a Car Qualifies
2+ week, 6+ day ago (563+ words) The car loan interest deduction hinges on assembly location, not brand. Foreign cars built in the US qualify, while American-badged vehicles assembled in Mexico do not. The deduction also demands the car be new, financed with a secured auto loan…...