This credit has been in place since the passage of the 2022 Inflation Reduction Act (IRA), but it was removed as part of a new budget reconciliation bill, aka the One Big Beautiful Bill Act. For now, buyers can still claim the tax credit on eligible used vehicles. However, the upcoming expiration date doesn’t mean…
To qualify for a tax credit of up to $7,500, a new EV or eligible plug-in hybrid electric vehicle (PHEV) must meet certain rules: • A vehicle’s MSRP must not exceed certain limits, so pricey EVs like the GMC Hummer EV, Lucid Air, and Tesla Model S won’t qualify. For SUVs, pickup trucks, and vans,…
Home Depot goes hard. The company pretty much invented the hardware superstore when it began in 1978, just by being so big. They inflated the neighborhood tool shop into a whole city of lumber, hammers, caulk, power saws, and big rolls of wire. I would know I’m in a Home Depot blindfolded, because of a…
