Federal tax credit

June 22, 2020
Federal Tax Credit Supports Installation of Electric Vehicle Chargers
A formerly expired tax incentive known as the Alternative Fuel Infrastructure Tax Credit (AFITC) was quietly renewed by Congress in late 2019 and will allow business owners…

May 7, 2020
Update on Federal EV Tax Credits and the 2019 Filing Extension
With the annual tax-filing deadline extended to July 15, 2020 because of the COVID-19 crisis, new electric vehicle (EV) owners have an added cushion to claim the…

April 2, 2019
Federal Tax Credit Drives Electric Vehicle Adoption
In a promising sign for the adoption of electric vehicles, some manufacturers are hitting the federal tax credit cap. American taxpayers who purchase a qualified plug-in electric…

April 20, 2017
The Lowdown on the Federal EV Tax Credit
Earlier this week, Minnesotans who purchased a plug-in electric vehicle during 2016 were able to apply to receive a tax credit of up to $7,500 through the…