The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...
The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...
In most circumstances, claiming the EV tax credit is not this complicated. Starting in 2024, car dealers have been able to ...
Electric vehicles are facing an uncertain future under the Trump administration, with plans to scrap EV tax credits and slash ...
Burns went to AutoNation, where he purchased the vehicle, and learned the dealership hadn’t submitted a clean vehicle seller ...
The Inflation Reduction Act passed by Congress last year included enticements to go green, including a $7,500 tax credit for ...
Unwinding the EV tax credit would save the federal government $168 billion over a decade, according to another new study from ...
The planned 25 percent tariff on imported automobiles is a gut punch for most electric vehicle makers, whose supply chains ...
EV producers like Tesla and Rivian have boosted their profits by selling emissions credits to makers of gas vehicles.
Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto dealers group announced an IRS change that will enable dealers to fix EV tax ...
Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying an electric vehicle on their 2024 tax return. And they might get into ...
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