The Treasury Department and the Internal Revenue Service proposed new rules for the tax credit for qualified commercial clean vehicles, along with guidance on claiming tax credits for clean fuel under ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. I see electric vehicles (EVs) as at the forefront of sustainable energy solutions and toward ...

The IRS issued final regulations (T.D. 9995) Friday for new and previously owned clean vehicle credits, including rules for how buyers can transfer credits for such vehicles to registered dealers at ...

The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV), a plug-in hybrid, or a hydrogen-powered car. The program offers up to $7,500 for certain new vehicles ...

The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced in the Inflation Reduction Act in 2022, and they are proving to be a little difficult in practice.