Industries

EV sales grew 12% in the fourth quarter of 2024, pushing the full-year total to a record 1.3 million.

It's been almost a year since Archer-Daniels-Midland Co. disclosed a probe into its accounting practices that wiped out $12 billion.

The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.

Crypto's future; sobering CTC; inside and outside; and other highlights from our favorite tax bloggers.

Republicans represent congressional districts with 19 of 25 major automaker battery and EV assembly plants in operation or under construction.

A boutique accounting firm specializing in the restaurant industry has joined the Platform Business Advisors team.

Entities that co-own clean energy projects can access clean energy tax credits through elective pay, according to the IRS.

California Governor Gavin Newsom is promising to step in with a state electric-car tax credit if Trump repeals a federal subsidy after he takes office.

Fighting scope creep; QCDs as the year ends; advising ministers; and other highlights from our favorite tax bloggers.

If the incoming Trump administration eliminates the $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases.

Taxes' immediate future; a new retail delivery fee; owners' income; and other highlights from our favorite tax bloggers.

If your clients thinking of buying an electric car or an energy-saving heat pump eligible for federal tax credits and rebates, now might be the time.

Although no Republicans voted for the measure two years ago, some of its incentives, such as tax credits for producing hydrogen and capturing carbon dioxide, are very popular with oil companies and other core GOP constituencies.

Almost 10 months after scandal shook Archer-Daniels-Midland Co., the commodity-trading giant has yet to sort out its accounting.

Archer-Daniels-Midland will amend previous financial statements after uncovering accounting issues, prompting the crop trader to cancel its earnings call.

What looks like a domestic triumph is also a win for America's primary industrial and geopolitical rival.

Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the U.S.

The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, including solar wafers.

While the potential rewards are attractive, for many of the small to midsized players, there are a host of operational and tax-related implications that need to be addressed.