Considering a New or Pre-Owned Electric Vehicle?
2023 brings with it a whole new set of rules related to qualifying for the tax credit for purchasing a new or pre-owned (used) electric vehicle.
Automotives
Wow! You Can Now Get a Tax Credit For Buying a Used Electric Vehicle
2023 brings with it a whole new set of rules related to qualifying for a tax credit for purchasing a used electric vehicle.
Planning On Buying a New Electric Vehicle and Claiming a Tax Credit?
2023 brings with it a whole new set of rules related to qualifying for the tax credit for purchasing a new electric vehicle.
2023 Standard Mileage Rates Announced
As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Electric Vehicle Credit Undergoes Major Overhaul
With the recent passage of the Inflation Reduction Act of 2022, the electric vehicle credit has undergone some major changes.
IRS Announces Mid-Year Optional Vehicle Mileage Rate Increase
The IRS recently announced a 4-cent increase in the optional mileage rate, effective for the last half of 2022.
Best Accounting Tips for Auto Repair Shops
If you own or manage an auto repair shop, then accounting and bookkeeping are likely pretty low on your list of favorite past times. Learn how to get help.
Video Tips: 2022 Standard Mileage Rates Have Been Announced
The IRS has announced the new 2022 standard mileage rates to be used for automobile tax deductions.
For Business
2022 Standard Mileage Rates Announced
The Internal Revenue Service recently announced the inflation- adjusted 2022 optional standard mileage rates .
Entrepreneur Success Stories: How R. J. Scaringe and Rivian Built an Electric Truck Company From the Ground Up
Rivian CEO R.J. Scaringe shared one important quality with all the entrepreneurs he’s always admired: He was never willing to give up. Learn the backstory.