Tag: electric vehicle

What to Know About Electric Vehicle Tax Credits in 2024

Posted on by Rachael McGrew
Electric Vehicle Tax Credit Image

What is the electric vehicle tax credit? First things first: what electric vehicle tax credit is available for vehicles purchased on or after January 1, 2023? For new electric vehicles: Electric vehicles — also commonly called clean energy vehicles (we’ll be using both terms in this article) — purchased new on or after January 1,

What are the New Tax Credits in the Inflation Reduction Act?

Posted on by Andrew Litchford

On August 16, 2022, the Inflation Reduction Act was signed into law. Included in this act are several tax credits focused on green initiatives.  You may be wondering… what are these new tax credits in the Inflation Reduction Act? And how can I benefit? Here’s how to take advantage of the new tax credits in