When President Trump signed his big budget bill into law on July 4, it eliminated the electric vehicle (EV) tax credits enacted under the Biden Administration—$7,500 for buying or leasing a new ...

A federal tax break worth up to $7,500 for new EVs and up to $4,000 for used ones expires Sept. 30, but new Internal Revenue Service guidance says shoppers can still qualify if they sign a binding ...

The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30 Not everyone will qualify for ...

Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...

Sales of electric cars and trucks could be scorching hot at the end of summer, according to industry analysts, as buyers race to lock in clean vehicle tax credits that expire in September. A lucrative ...

Drivers of electric or low-emission vehicles have started to pay Vehicle Excise Duty (VED) this April as measures announced last October have come into effect. Electric vehicles were previously exempt ...

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is the new ...

Have you ever had to pay your local government for the wheels on your car? Local governments use wheel taxes to bring in more revenue to help fund public infrastructure projects. While not all ...

Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...