What Will Happen to the Child Tax Credit Under a Trump Administration?
The expansion of the child tax credit remains in effect until the end of next year, but the plans of the incoming Trump administration will have a major impact on its future.
Automakers plead with Trump: don’t kill the EV tax credit
The auto industry is sending an urgent message to President-elect Donald Trump: spare the $7,500 electric vehicle tax credit. In a November 14th letter to Trump and his transition team, the auto industry’s main lobbying group urges the new administration to preserve incentives for EV buyers and manufacturers that were enacted under President Joe Biden,
Federal EV tax credit at risk — how much does it really drive sales?
With the federal EV tax credit on the chopping block, we crunched the numbers to see how much the incentive drives sales.
Act now for $7,500 EV tax credit: Experts say there's a risk Trump will axe funding in 2025
Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and Republicans on Capitol Hill will axe those savings in tax negotiations next year,
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act (IRA). Now, it seems
Trump Wants to Kill the E.V. Tax Credit. Here’s What to Know.
President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American automakers.
Kia America COO says ending EV tax credit ‘would just be dumb’
Kia America COO says ending tax incentives on EVs would have a negative impact on U.S. jobs and the whole auto industry.
Maybe Trump Won’t Kill the EV Tax Credit After All
One advocate is pushing the incoming Trump administration to keep the electric-vehicle purchase tax credit: the traditional auto industry. That might surprise investors. Ford Motor and General Motors lose billions selling EVs and make many more billions selling traditional gasoline-powered vehicles.
Ford, GM, Stellantis, Toyota Beg Trump Not To Axe EV Tax Credits
Automakers who have invested billions in electric tech now fear they’ll be rendered uncompetitive if the new administration drops customer incentives
Get ready for a big tax credit with Window Depot
If you're looking for money and you can't seem to find any, you might have a tax credit that will help you out.
Louisiana Production Tax Credit Safe As State Lawmakers Pass Sweeping Reform Bill
Louisiana lawmakers saved the state’s tax credit as part of a sweeping set of fiscal reform bills that are headed the ...
Atlanta Journal-Constitution1d
EVs are ‘the future’ even if Trump kills tax credit, Hyundai exec says
Several news outlets reported last week that Donald Trump’s presidential transition team is evaluating ways to kill the $7,500 consumer EV tax credit program President Joe Biden signed into law ...
Tax Credit vs. Tax Deduction: What’s the Difference?
Your guide to tax deductions and credits, how the IRS treats them differently, and how they impact your tax bill.
Louisiana Senate Committee Votes to Keep Film Tax Credit While Lowering Cap to $125 Million
The Louisiana Senate has proposed keeping the film incentive, though with a reduced cap, after the House voted to repeal it ...
Tax Write-Off vs. Tax Deduction vs. Tax Credit: What's the Difference?
Understand the differences between a tax write-off, a tax deduction and a tax credit. Learn how each one works to reduce ...
Tesla Puts Incentives On Blast As Tax Credit Comes Under Threat
Tesla is making it clear that the tax credit is critical to Model Y and Model 3 pricing. The price with the incentive is now ...
Premium Tax Credit: Are You Eligible For This Health Insurance Tax Break?
The tax credit can help qualifying individuals pay for coverage from the Affordable Care Act’s health insurance marketplace.