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The tax credits now helping underwrite many electric vehicle purchases are top targets if Republicans win the White House or strengthen their grip on Capitol Hill in November.
February 7 -
The Korean company is seeking to keep its cars competitive with automakers qualifying for tax credits under the Inflation Reduction Act.
January 16 -
The Internal Revenue Service is extending the period for dealers and sellers of so-called "clean" vehicles such as electric cars to submit time-of-sale reports by a few days to qualify for tax credits.
January 5 -
Narrower criteria reduced the number of qualifying models from about two dozen. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
January 2 -
The company said the city used the presence of its Cruise self-driving unit to tie its tax bill to a portion of its global revenue.
December 28 -
The Internal Revenue Service has updated its frequently asked questions to offer more guidance on what kinds of components can be used in electric vehicles to qualify for tax credits.
December 27 -
The guidelines set a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
December 1 -
The Biden administration has discussed granting automakers a temporary reprieve from new rules poised to limit a consumer tax credit, a Michigan senator said Tuesday.
November 29 -
Your competitors of the future are probably not who you think they are.
October 27L&H CPAs and Advisors -
New guidance explains how buyers of electric vehicles can transfer their tax credits to dealers and get advance payments that lower the cost.
October 10