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 quick response that helped Nokia, Skype, Spotify and Klarna dominate their industries is now benefiting Nordic companies ...
The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...
The Inflation Reduction Act passed by Congress last year included enticements to go green, including a $7,500 tax credit for ...
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 ...
The planned 25 percent tariff on imported automobiles is a gut punch for most electric vehicle makers, whose supply chains ...
Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 because dealers skipped a key sales reporting ...