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More than a million people join Pope Leo for outdoor mass in Madrid The Guardian1 million people flood Madrid streets to see the pope's flower-carpeted procession NPRPope Leo visits a polarized Spain where conservatives are turning on the church The Washington PostPope calls on Spanish youth to "be the sparks of a new humanity" Vatican NewsHuge crowds throng Madrid streets for Pope's open-air Mass BBC
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Elon Musk's $1.8 Trillion SpaceX IPO Is Too Big to Succeed Barron'sThere's More to Space Stocks Than SpaceX WSJHere's How SpaceX's IPO Will Affect S&P 500 and Nasdaq-100 Investors Yahoo FinanceMusk Leaves Investors Starstruck at Dimon's SpaceX Extravaganza Bloomberg.comElon Musk Is Dropping a Boulder in a Kiddie Pool The Atlantic
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Apple's iPhone Ultra Hinge Will Double As A Heatsink, With Its Liquidmetal Construction Stronger Than Titanium WccftechTouch ID coming to iPhone Ultra this fall, here's why 9to5MacApple's Foldable iPhone Ultra: Release Date, Price, and Leaks CNETFoldable iPhone May Not Come in Black, Leaker Suggests MacRumors
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Raman closes in on Pratt as more votes in L.A. mayor's race are tallied Los Angeles TimesLos Angeles Mayor Primary 2026 Live Results NBC NewsSee Where the L.A. Mayoral Candidates Have Done Best So Far The New York TimesRaman gaining on Pratt in race to face off against Bass in L.A. mayoral election KTLA
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What to expect from WWDC 2026: Siri's highly anticipated revamp and Apple Intelligence updates TechCrunchHere comes new Siri again The VergeApple's WWDC: Tim Cook's AI legacy at stake in his final developer conference as CEO CNBCWhat to Expect From Apple's AI, Siri and iOS 27 Launch at WWDC Bloomberg.com
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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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Buy expensive stocks - or build a whole portfolio - on the cheap. Fractional shares, increasingly available at online brokers including Schwab, Fidelity and Robinhood, allow you to buy a portion of a stock you might not otherwise be able to afford. You can even put together a portfolio of stock snippets, giving you a diversified ownership stake in the best of corporate America, even if you're just starting out and your budget is limited.
SEE MORE 11 Stock Picks That Billionaires Love
Say you had $1,000 to invest and wanted to buy stock in NVR (NVR), a homebuilder recently rated Strong Buy by investment research firm CFRA. You'd be out of luck, considering the shares recently traded for about $4,200 a pop. But at Schwab, for example, you'd be able to buy what the company calls a Stock Slice - a single slice or up to 30 slices at a time of any S&P 500 stock for as little as $5 per slice, commission-free. With Fidelity's Stocks by the Slice program, you can access more than 7,000 U.S. stocks and exchange-traded funds (ETFs) for as little as $1.
You can also trade fractional shares at Robinhood and InteractiveBrokers, each with programs starting at $1. Eligible stocks and ETFs at Robinhood trade for more than $1 per share and have a market value of more than $25 million. InteractiveBrokers allows trading in U.S. and European stocks and ETFs. Vanguard is testing fractional trading of Vanguard ETFs for launch later this year. The rules and eligible investments for fractional share-buying differ by broker, so be sure to compare options.
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