Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...

The federal government's $7,500 tax break for electric vehicle purchases has never been easier to claim. But let's address the elephant in the room: There’s plenty of uncertainty on whether President ...

In certain situations, non-commercial car expenses can qualify as a tax write-off. Learn more about eight car-related ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced in the Inflation Reduction Act in 2022, and they are proving to be a little difficult in practice.

The Clean Vehicle Tax Credit-- up to $7,500 for electric vehicles -- can now be used at the point of sale like an instant rebate. Effective this year, the changes may help steer more potential buyers ...

The federal tax credit of up to $7,500 for EVs came thanks to the Inflation Reduction Act (IRA). But ever since the electric vehicle tax credit was announced, there have been questions and confusion ...

CHARLESTON, W.Va. — State residents who pay their full vehicle personal property taxes before Oct. 1 will receive the entire amount back in the form of a credit when they file their 2024 state income ...