New Rules Will Make Many Electric Cars Ineligible for Tax Credits

New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul

Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul

The tax preparation industry is alarmed over the prospect that the Internal Revenue Service will devise its own free tax-filing system.