but the new deduction would be available to taxpayers whether or not they itemize on their annual tax forms. If approved as proposed, the deduction — which could potentially help spur auto sales of ...

Not every vehicle was eligible for the tax credit to begin ... experts say sales continue to go up, and according to the Department of Energy, Michigan gas consumption has gradually declined ...

If you’re planning to buy a new electric vehicle this year, you could get a tax credit up ... Plus more Michigan businesses are tapping into this growing market. Sales of no-alcohol drinks ...

A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric vehicle sales and production, citing the ...

DETROIT (AP) — Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time of purchase.

Some dealers might not have reported EV sales ... their 2024 tax returns, it's apparent that mistakes can be made when it comes to claiming the credit on Form 8936 for clean vehicle purchases ...