Category: BCo Community News|Individual Tax|IRS

  • Inflation Reduction Act of 2022: Clean Vehicle Energy Credit

      With the recent passing of the Inflation Reduction Act, you can reap the benefit of a $7,500 tax credit on purchasing a new electric vehicle. The new law also includes guidance on purchasing used electric vehicles, which are eligible for a credit for the lesser of $4,000 or 30% of the sales price. To…

  • Untitled post 5413

    This is your friendly reminder to get your individual tax returns e-filed or postmarked by the end of today!