Electric vehicles are moving on to eventually take over the auto market, no matter how attached drivers are to their gasoline engines.
It's a bit of a forced march — or maybe a drive — but one that has some interesting welcome tax benefits and implications, says George Livanos, CPA and partner at SAX LLP.
A number of aspects of the Inflation Reduction Act of 2022 open the possibilities of various tax credits — dollar-for-dollar reductions of income tax — that can add substance to a company's bottom line. And on April 10, the Internal Revenue Service released guidance on how to use the regulations.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
