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How Russia's War Machine Brutalizes and Exploits Its Own Soldiers The New York TimesHow Russia Is Brutalizing Its Own Soldiers, and More Than 5 Million Pages of Epstein Files The New York TimesHow Thousands of Secret Russian Documents Were Exposed The New York Times
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Besides Nvidia, Wedbush's Dan Ives recommended three other "Magnificent Seven" stocks to play the AI trade, plus a "cult" stock and a software company.
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Silver shines in 2025 global market spotlight as softs, oil lag Reuters'We're in a metals war': Gold, silver rebound after sharp sell-off Yahoo FinanceSilver, gold and copper are trouncing stocks. What a key chart level suggests could be ahead for 2026. MarketWatchGold and silver see rollercoaster end to blockbuster year BBCGold Stu
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The Biggest Hollywood Bummers of 2025 The Hollywood ReporterBox Office Studio Report Card: Warners' Bets Pay Off, Disney Scores but Marvel Struggles, Tom Cruise Can't Save Paramount VarietyThe Biggest Business Blunders in Media and Entertainment in 2025 TheWrap2025 box-office winners and losers: ‘Minecraft' levels up, ‘Sinners' strikes gold — and ‘Snow White' bites the apple Gold DerbyHollywood Stocks In 2025: Winners, Lose
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A Deadly, Drug-Resistant Fungus Threatens People Around the World, Scientists Warn GizmodoSuperbug hits 27 states: Here's where the deadly fungus is spreading The HillCandida auris spreads globally as drug resistance and virulence increase, review finds Medical XpressCandida auris skin tropism and antifungal resistance are mediated by carbonic anhydrase Nce103 Nature
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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
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How to understand this crazy year in investing -- and what to do now; holiday gatherings with co-workers look different this year, with ugly sweater competitions on Zoom and virtual avatars, and a couple had one loose end to tie up before retirement: where to park their RV.
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