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Taxation in the United States

TikTokers Are Begging You To Buy A Huge Car For Tax Reasons

by Horatio Thompson
TikTokers Are Begging You To Buy A Huge Car For Tax Reasons

“Did you know there’s one weird trick to write tens of thousands of dollars in car purchases off of your taxes? You won’t believe how easy it is to save …

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Dealers Can Offer EV Refunds At Point Of Sale In 2024, But Fewer Than Half Have Applied

by Horatio Thompson
Dealers Can Offer EV Refunds At Point Of Sale In 2024, But Fewer Than Half Have Applied

2024 Chevrolet Silverado EV RSTImage: Chevrolet EV buyers rejoice. Starting January 1, you’ll be able to go to your local dealer and claim the EV tax credit as an actual …

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Michigan Could Offer A $2,500 New Car Rebate To Boost Economy

by Horatio Thompson
Michigan Could Offer A ,500 New Car Rebate To Boost Economy

Image: Michigan Michigan Governor Gretchen Whitmer has long been a friend of the auto industry, pushing annual proposals for incentives and rebates into the state budget every year. Her most …

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Here’s How The EV Tax Credit Will Work Starting In 2024

by Horatio Thompson
Here’s How The EV Tax Credit Will Work Starting In 2024

Next year will get very interesting for both EV buyers and dealerships. Beginning January 1, 2024, EV buyers will be able to apply the $7,500 (and $4,000 for used EVs) …

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CA To End Clean Vehicle Rebate To Focus On Low Income Drivers

by Horatio Thompson
CA To End Clean Vehicle Rebate To Focus On Low Income Drivers

One of California’s programs designed to get buyers into EVs is ending. Southern California’s The Daily Bulletin reports that the long-running Clean Vehicle Rebate Project is ending when it runs …

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Tax Cos. Shared Data With Facebook, Instagram, Google: Congress

by Ron Morgan
Tax Cos. Shared Data With Facebook, Instagram, Google: Congress

Congress released a highly anticipated report on Wednesday detailing how major tax prep companies and big tech firms like Google and Meta, parent of Facebook and Instagram, “recklessly” shared the …

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