|
Jon Stewart Defends Bad Bunny's Super Bowl Halftime Show The New York TimesJon Stewart Roasts MAGA Meltdown Over Bad Bunny Halftime Show: "So Triggered … They Need To Create Their Own Safe Space Alternative" Deadline"When Did the Right Become Such F****** P******?": Jon Stewart Mocks Conservative Meltdown Over Bad Bunny, Hunter Hess The Hollywood ReporterJon Stewart Mocks MAGA's Victimhood Over Bad Bunny Halftime Performance Consequence of SoundJon Stewart Expose
|
|
Trump Is a Global ‘Wrecking Ball,' European Security Experts Say The New York TimesTrump's world order hangs over Europe on eve of key defence conference BBCTrump the ‘demolition' man of world order, European security experts warn cnn.comTrump news at a glance: Europe must stand up to Trump and his ‘demolition men', new report says The Guardian
|
|
Salesforce made a new round of job cuts. These teams were affected. Business InsiderSalesforce cuts fewer than 1,000 jobs, Business Insider reports ReutersSalesforce quietly lays off employees in a new round of job cuts, impacted teams include Agentforce AI product that CEO Marc Benioff said: People don't ... Times of IndiaSalesforce (CRM) Stock; Up Modestly as Teams Shift Toward AI CoinCentral
|
|
Lawmakers rally in support of British PM Starmer amid calls to resign AP NewsKeir Starmer's Allies Rally Around Him Amid Pressure to Resign as Britain's Prime Minister The New York TimesAnas Sarwar makes his biggest political gamble - but can it pay off? BBCBritish PM Starmer vows to fight for his job after furor about former ambassador's Epstein ties AP News
|
|
Darryn Peterson-less Kansas hands No. 1 Arizona first loss ESPNWhat channel is Kansas basketball vs Arizona? TV schedule, streaming The Topeka Capital-JournalArizona men's basketball falls at No. 9 Kansas for 1st loss of season Arizona Desert SwarmQuick recap: Down goes No. 1: KU topples Arizona, 82-78 KU Sports
|
|
‘Complete nonstarter': Administration allies say judicial warrants a red line for White House in DHS funding talks as shutdown looms PoliticoDHS funding talks continue as Trump faces backlash over racist video - live updates | CNN Politics cnn.comTalks on Immigration Enforcement Still Stuck as DHS Funding Deadline Nears The New York TimesA moment of truth for Democrats ahead of this week's DHS shutdown deadline: From the Politics Desk NBC News
|
|
Goldman Sachs analysts led by Gail Hafif says some big influential CTAs are ready to push the sell button on U.S. stocks, especially if the S&P 500 sinks further.
|
|
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.
|
|
President Biden signed the Inflation Reduction Act into law on August 16. The massive climate, energy, tax, and healthcare package contains numerous clean energy incentives including tax credits for the purchase of new and used electric vehicles. But you may not have heard that the new law also revives the tax credit for electric vehicle charging stations and equipment that had expired in 2021. There are some changes to the prior charging station tax credit that you will want to be aware of, so that you can potentially use the tax break for your own EV charger.
What is the Tax Write Off for EV Chargers?
The federal tax credit for electric vehicle chargers originally expired on December 31, 2021. However, the Inflation Reduction Act's Alternative Fuel Refueling Property tax credit extends the EV charger tax incentive ten years—through December 31, 2032.
SEE MORE EV Tax Credits Are Changing: What's Ahead
So, what does that mean for you? Essentially, if you install an EV charging station at home, the tax credit under the Inflation Reduction Act is 30% of the cost of hardware and installation, up to $1,000. Also, beginning in 2023, the tax credit for business and home installations, will apply to other EV charging equipment like bidirectional (i.e., two-way) chargers.
Businesses that that install new EV chargers or EV charging equipment can also benefit from a tax incentive of up to 30% of the total cost of equipment and installation. But they will have to meet certain labor and construction requirements to be eligible to claim the full incentive.
Before the Inflation Reduction Act, the limit on the amount of the EV charger tax credit for businesses was $30,000 (which still applies to projects completed before the end of 2022). However, under the new law, if you complete the business installa
|
|