The IRS has made new functionality for processing returns and cancellations operational in the Energy Credits Online (ECO) portal, as well as a new secure two-way messaging tool for communicating with the IRS. The IRS will also...
Read MoreWhile much of the attention on electric vehicle tax credits is placed on the consumer side for individuals purchasing electric vehicles, dealerships may be eligible to utilize tax credits to help offset the costs of on-site...
Read MoreResources for Clean Vehicle Tax Credit Registration FADA has been made aware of issues with both the seller reporting and advance payment program with regard to the Clean Vehicle Tax Credit registration. For those encountering...
Read MoreClean vehicle sellers and dealers should register with Energy Credits Online; register by Dec. 1, 2023 to ensure Jan. 1 availability IR-2023-206, Nov. 8, 2023 WASHINGTON — The Internal Revenue Service reminded dealers and...
Read MoreEV, Latest News, Tax
FADA Chairman Greg Soulliere was quoted in Marketplace’s article on EV tax credits. Read what he says this means for EV inventory.
Read MoreBackground: IRS Important Information for Consumers Transferring Clean Vehicle Tax Credits
IRS Checklist: Clean Vehicle Credit Transfer
IRS Video: How to Submit Time of Sale Reports
Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After
Federal Tax Credits for Pre-owned Plug-in Electric and Fuel Cell Vehicles
Commercial Clean Vehicle Credit
