If you’ve been pondering the purchase of a new or used electric vehicle for yourself or your business, you may want to buy sooner rather than later to take advantage of available tax credits. Under the One, Big, Beautiful Bill Act (OBBBA), these credits won’t be available for purchases made after September.
Click on the links below to jump to each section in this article: Tax Credits for Electric Vehicles and Plug-in Hybrids Special Tax Rules for Children With Investment Income Claiming the Credit for Other Dependents Unemployment Benefits Identity Theft Scam Alert There's Still Time To Make an IRA Contribution for 2020 Tax Credits for Electric Vehicles and Plug-in Hybrids Tax credits are still available for Qualified Plug-in Electric Drive Motor Vehicles, including passenger vehicles and...
