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 ...
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.
The Inflation Reduction Act passed by Congress last year included enticements to go green, including a $7,500 tax credit for ...
In most circumstances, claiming the EV tax credit is not this complicated. Starting in 2024, car dealers have been able to ...
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 ...
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