Key Points The majority of Americans don’t understand the difference between a tax deduction and tax credit. Tax credits are ...

Employers who hire Native Americans and other targeted groups may be eligible for the Work Opportunity Credit. Business Tax Credit vs. Business Tax Deduction The main difference between a business ...

The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...

A federal tax credit for electric vehicles (EVs) is here thanks to the Inflation Reduction Act (IRA), massive legislation promoting clean energy. The credit of up to $7,500 for qualifying EVs ...

For a more in-depth look at how EV tax credits work and the new ruleset that went into effect on January 1, 2024, check out our dedicated article here. UPDATE 2/28/25: Starting on January 1 ...

State lawmakers and the governor have an opportunity to make a smart and critical investment in our workforce and economy by allocating $90 million over three years to support the federal Work ...

For a more in-depth look at how EV tax credits work, check out our dedicated article here. UPDATE 2/28/25: Reports that the Trump administration plans to end all federal EV/PHEV credits mean that ...