The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...

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

Buyers who lost out on the $7,500 EV tax credit due to dealer reporting issues can now claim it retroactively, thanks to a new IRS fix.

Many EV shoppers in the US had been missing out on the tax credit because of IRS requirements but thankfully now there's a ...

Some dealers might not have reported EV sales correctly and now some buyers face tax headaches. Clean vehicle tax credit rules are complicated — and will not work for everyone. President Donald ...

Sure, President Donald Trump wants to slash tax breaks for EV buyers, but shoppers can still claim tax credits on new and used electric cars sold or leased across America. Tax breaks on new EVs ...

Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 because dealers skipped a key sales reporting ...

Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying an electric vehicle on their 2024 tax return. And they might get into ...