IRS Updates FAQs Related to New, Previously Owned, and Qualified Commercial Clean Vehicle Credits
The Internal Revenue Service updated FAQs in Fact Sheet 2024-14 to provide guidance related to the New, Previously Owned and Qualified Commercial Clean Vehicle Credits. The Inflation Reduction Act of 2022 (IRA) made several changes to the tax credit provided in §30D of the Internal Revenue Code for qualified plug-in electric drive motor vehicles, including […]