
The EV Tax Debate: Should Electric Vehicle Owners Pay More to Use the Roads?
Electric Vehicles, UncategorizedAs electric vehicle (EV) adoption accelerates across the U.S., states are grappling with a major funding dilemma: how to replace the billions of dollars traditionally generated by gasoline taxes, which have long funded infrastructure and road…

Federal EV Tax Credits: Should They Stay or Go?
Electric Vehicles, News, Tax Credits, Tax Reform, Tax TipsThe debate over federal tax credits for electric vehicles (EVs) is as electrified as the cars themselves. These credits, designed to incentivize the adoption of EVs, have sparked contrasting opinions about their effectiveness, fairness, and…

Planning On Buying a New Electric Vehicle and Claiming a Tax Credit? Better Read This First
Electric Vehicles, Tax CreditsArticle Highlights:
Background
Qualifications
Income Limit
4-wheel vehicle
Street Vehicle
Minimum Battery Capacity
Acquired for Original Use
Final Assembly
MSRP
Critical Mineral and Battery Components
…

Electric Vehicle Credits Phasing Out
Electric Vehicles, Tax CreditsArticle Highlights:
Tax Credit
Credit Phase-Out
Determining the Credit
Off-Road Vehicles and Golf Carts
Allocation Between Business and Personal Use
Credit Reduces Basis
Business Standard Mileage
If you are considering…

Congress Green-Lights Some Alternative Vehicle Credits
Deductions, Electric VehiclesTo encourage U.S. taxpayers to move away from gasoline-powered motor vehicles, over the years, Congress has provided various tax credits for purchasing electric or alternative fuel vehicles.
These credits generally come with an expiration…