Davidson News

Davidson News

IRS Introduces Instant Electric Vehicle Rebates, Eliminating Income Verification for Buyers

New Guidelines Allow Electric Vehicle Buyers to Avail Tax Credits as Point-of-Sale Discounts In a significant shift, the Internal Revenue Service (IRS) has announced a change in the process of Electric Vehicle (EV) tax credits, allowing buyers to receive up to $7,500 as an instant discount at the point of sale. The updated guidance aims … Read more