Ice Lounge Media

Ice Lounge Media

EV buyers can soon get the $7,500 tax credit at time of purchase

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Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to “reduce the purchase price of the vehicle or provide cash to the buyer.” The update also applies to buyers taking advantage of […]