by ManagerJill | Dec 6, 2022 | Credits, FAQ, FYI, Individuals, Inflation Reduction Act of 2022, IRS News, Tax
WASHINGTON – The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A ”Get...
by ManagerJill | Oct 3, 2022 | Inflation Reduction Act, Credits, FAQ, FYI, Inflation Reduction Act of 2022, IRS News, Tax
The passing of the Inflation Reduction Act in August has led to many questions regarding the purchase of Electric Vehicles (EV) and Energy Efficient Home Improvements in regards to potential tax credits. To help answer some of the questions you may have, we have...
by ManagerJill | Aug 17, 2022 | Inflation Reduction Act of 2022, Credits, FYI, Individuals, IRS News, Tax
Reprinted from the U.S. Department of Energy The Inflation Reduction Act of 2022 (Public Law) amends the Qualified Plug-in Electric Drive Motor Vehicle Credit (IRC 30D), now known as the Clean Vehicle Credit, and adds a new requirement for final assembly in North...
