The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...
Electric vehicle buyers who were left empty-handed on their promised $7,500 federal tax credit due to a bureaucratic hiccup ...
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 ...
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 ...
After some car owners were not able to claim the EV tax credit this spring, the IRS has created a fix, according to the trade ...
Yet while Trump has said he wants to return manufacturing jobs to U.S. shores, losing the EV tax credits could hurt demand ...
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The American Energy Institute released new research this week explaining how EV subsidies, combined with an emissions credit ...
Burns went to AutoNation, where he purchased the vehicle, and learned the dealership hadn’t submitted a clean vehicle seller ...
Electric vehicles are facing an uncertain future under the Trump administration, with plans to scrap EV tax credits and slash ...
EV producers like Tesla and Rivian have boosted their profits by selling emissions credits to makers of gas vehicles.
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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