Posted inNational News

US Electric Vehicle Tax Credits Get Tougher to Navigate

By Nathan Worcester Claiming a tax credit for your electric vehicle may soon get more complicated. The Treasury Department and the Internal Revenue Service (IRS) issued the proposed guidance on March 31. It’s a result of provisions in last year’s Schumer-Manchin bill, which some call the “Inflation Reduction Act” (IRA). The original electric vehicle tax credit, which […]