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Taxpayers who need more time can file for an extension, giving them until October 15 to submit their returns. To check the ...
Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...
In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a ... visit NOTE TO INVESTORS: The latest news and updates relating to MULN are available in ...
The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced, and they are proving to ...
The 2025 GMC Hummer EV Pickup receives a variety of changes ... the Omega Edition was available only on the 3X trim level The updates and changes described here are specific to the U.S. market ...
Due to a quirk in the federal code, some car buyers weren't receiving the $7,500 EV tax credit. Fortunately, a solution is ...
You can still take advantage of the Clean Vehicle Credit for the 2024 tax year, but we’re keeping a close watch on any ...
Buyers who lost out on the $7,500 EV tax credit due to dealer reporting issues can now claim it retroactively, thanks to a ...
Last year, the IRS implemented a new portal to allow dealers to report EV sales that were eligible for point-of-sale tax credits, making verification of buyers’ tax returns a simple point-and ...
Dealers previously had just 3 days to report an EV sale to the IRS for the tax credit. Now, they can now submit a sales report for any vehicle sold in 2024 to claim credits. National Auto Dealers ...
Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto ...