Like most people, we are 'learning' about EVs - how they work, how they charge, and how to maintain. One thing we don't think of often is the 'tax' credit that is still being quietly offered by the OEMs and and supported by the Government.
It is complicated and ever changing, so we called our resident EV guy, Richard 'Buzz' Smith, the EV-angelist, for some help understanding the new changes.
Some of these changes go back to 2022 with impacts on the Federal Taxes, and some of the changes take place in 2023. These are the most recent changes, and will impact 2024 Federal Taxes, but need to be understood now for record keeping to be prepared for the next changes...and next year taxes.
In our Feature segment, Konrad DeLong presents 'This Week In Auto History'.
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