Should Electric Vehicle Owners Pay More to Use the Roads?
As more states impose EV fees to offset lost gas tax revenue, critics argue it’s unfair. Explore the debate, state policies, and what this means for drivers.
Automotives
Trump Targets EVs: Executive Order Rolls Back Key Policies
Trump revokes Biden’s EV order, halts charger funds, and may repeal the $7,500 EV tax credit. Learn more about these potential changes.
Federal EV Tax Credits: Should They Stay or Go?
Experts discuss EV tax credits and sustainable transportation for all during the second Trump administration. Explore the future of these incentives.
2025 Standard Mileage Rates Announced
The IRS has announced the 2025 inflation-adjusted standard mileage rates.
Video Tips: Check Out the Standard Mileage Rates for 2024
The IRS has announced the new standard mileage rates to be used for automobile tax deductions in 2024.
Beginning in 2024, a special election allows a taxpayer purchasing a new clean vehicle or previously owned clean vehicle, to transfer the entirety of the allowable credit to an eligible (registered) dealer.
Beginning in 2024, a special election allows a taxpayer purchasing a new clean vehicle or previously owned clean vehicle, to transfer the entirety of the allowable credit to an eligible (registered) dealer.
Video Tips: Using Clean Vehicle Credit as a Down Payment Beginning in 2024
As of Jan. 1, 2024, in certain situations, taxpayers will be able to transfer the new and previously owned clean vehicle credits to the dealer to reduce the purchase price or go towards the down payment.
Converting Personal Vehicles to Business Use: A Comprehensive Guide
As a taxpayer and business owner, you may be considering converting your personal vehicle to business use.
Electric Vehicle Charging Taxes: A State-By-State Overview
The electric and hydrogen vehicle revolution is well underway and every state is dealing with taxes differently. Get the information you need in this guide.
Video Tips: Check Out the Updates for Clean Vehicle Tax Credits
The Inflation Reduction Act of 2022 made several changes to the tax credits provided for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the tax credit.