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A group of leading businesses has formed the American Fleet Leadership Coalition to maintain the Inflation Reduction Act’s 45W Commercial Clean Vehicle Tax Credit.
That might include the EV tax credit, which is currently set to expire at the end of 2032. In general, the credit is worth up ...
All told, taxpayers spent an estimated 7.1 billion hours dealing with the tax code this year ... Many complex forms still list “$0” in estimated expenses, even as the IRS concedes in ...
For the 2024 tax year, taxpayers spent a staggering 7.1 billion hours complying with the tax code. The economic cost of this hidden tax on time, based on private-sector labor costs, comes out to ...
The west Michigan Republican introduced a bill to allow a tax deduction on American-assembled vehicles, a proposal Trump made ...
All told, taxpayers spent an estimated 7.1 billion hours dealing with the tax code this year. Fortunately ... Many complex forms still list “$0” in estimated expenses, even as the IRS concedes in ...
Starting in 2025, the federal tax credit for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) in the U.S.
Federal tax credits are starting to waver under the current administration, but as of May 2025, you can still take advantage of up to $4,000 off the purchase of a used EV. If youd ...
Accountants have revealed some of the “cheekiest” tax claims Australians have tried to sneak past as the Australian Taxation Office (ATO) reveals its “hit list” for 2025. You might think a luxury ...
Volvo is recalling more than 400,000 vehicles due to rearview camera malfunctions that could impact driver visibility. According to a notice first reported to the National Highway Traffic ...
At least 36 other states, from Alabama to Hawaii, have made similar changes to their tax codes. Wielechowski said he didn’t think Alaska was a large enough market to make a substantial ...