The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...
Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...
PHOENIX (AZFamily) — Thomas Burns bought a used Tesla last year, expecting a $4,000 used clean vehicle tax credit. When he tried to submit his tax return, he realized he had a problem. “My taxes got ...
If you’re considering buying an electric vehicle, now is the time to act. The massive tax bill that President Donald Trump signed into law on July 4 eliminates the popular electric vehicle (EV) tax ...