by Steven J Weil, PhD, EA, LCAM | Feb 15, 2023 | Blog, Personal Tax
Beginning January 1, 2023 the Inflation Reduction Act of 2022 amends the Nonbusiness Energy Property Credit from a lifetime credit of only $500 to an annual credit of up to $1,200 per year. The credit is equal to 30% of the cost for qualified energy-efficient...
by Steven J Weil, PhD, EA, LCAM | Oct 3, 2022 | Blog, Business Tax, Personal Tax
Changes in the Electric Vehicle Tax Credit The Inflation Reduction Act of 2022 includes changes to the credit available for electric vehicles. The changes are complex, and phase in over time. If you are in the market for an electric vehicle, we should review the new...
