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Holisticly predominate extensible testing procedures for reliable supply chains. Dramatically visualize customer directed convergence without revolutionary ROI.

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Commercial Clean Vehicle Credit

January 9, 2023

Businesses and tax-exempt organizations that buy a qualified commercial clean vehicle may qualify for a clean vehicle tax credit of up to $40,000 under Internal Revenue Code (IRC) 45W.  The credit equals the lesser of: 15% of your basis in the vehicle (30% if the vehicle is not powered by gas or diesel) The incremental […]

Credits for New Clean Vehicles Purchased in 2023 or After

January 9, 2023

Credits for New Clean Vehicles Purchased in 2023 or After  If you buy a new plug-in electric vehicle (EV) or fuel cell vehicle (FCV) in 2023 or after, you may qualify for a clean vehicle tax credit. Find out if you qualify. Find information on credits for used clean vehicles, qualified commercial clean vehicles, and new plug-in EVs purchased before […]

Year-End Tax Planning for 2022

October 31, 2022

Year-End Tax Planning for 2022 At the end of 2022, the United States is still recovering from the COVID-19 pandemic and tax professionals are dealing with the multiple changes in the tax rules designed to help the country cope with the economic impact of the disease. These rules should be considered in year-end tax planning, […]