Tag: tax credits

February 3, 2023

The Treasury Department said Feb. 3 it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions. The revised standards for […]

January 25, 2023

Ratcheting up his criticism of the Biden administration, Sen. Joe Manchin (D-W.Va.) on Jan. 25 moved to delay new tax credits for electric vehicles, a key feature of President Joe Biden’s landmark climate law. Manchin said guidelines issued by the […]

November 21, 2022

The trucking industry has its fair share of challenges right now — from high fuel prices to worker shortages. One solution to help ease some pressure may lie in pursuing government tax incentive programs, such as the Work Opportunity Tax […]

September 20, 2021

U.S. Rep. Dan Kildee (D-MI), chief deputy whip of the House Democratic Caucus, applauded the U.S. House Ways and Means Committee’s passage of his legislation to expand tax credits for the middle class when purchasing electric vehicles. Part of President […]