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But beyond the specific options, the availability of the point of sale tax credit, while under the radar to some, is a huge incentive to buy a car with a plug. Whether it's $7,500 off the price of a Tesla Model Y or $4,000 off a used Bolt, the barrier to purchasing an EV is...
Under the Inflation Reduction Act (IRA), the EV Tax Credit was extended for several more years. It will also be expanded to cover both new and used cars. The original EV tax credit, known as the plug-in electric vehicle credit, has been rebranded to the
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Case W.res.l.revCords, Danshera, 2009. "Paid Tax Preparers, Used Car Dealers, Refund An- ticipation Loans, and the Earned Income Tax Credit. The Need to Regulate Tax Return Preparers and Provide More Free Alternatives." Case Western Reserve Law Review, 59, 351-392....
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