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 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 ...

Buyers who lost out on the $7,500 EV tax credit due to dealer reporting issues can now claim it retroactively, thanks to a ...

Electric vehicles are facing an uncertain future under the Trump administration, with plans to scrap EV tax credits and slash ...

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 ...

In most circumstances, claiming the EV tax credit is not this complicated. Starting in 2024, car dealers have been able to ...

The Inflation Reduction Act passed by Congress last year included enticements to go green, including a $7,500 tax credit for ...

Burns went to AutoNation, where he purchased the vehicle, and learned the dealership hadn’t submitted a clean vehicle seller ...

Industry investments and consumer incentives from the Inflation Reduction Act (IRA) are strengthening American leadership on ...