If you or your business buys a clean vehicle in 2024, you may qualify for a federal tax credit. Purchasers of new and previously-owned vehicles can transfer the credit to the dealer. Updated FAQs explain credit requirements, transferring the credit to the dealer, income and price limits for eligibility, and more. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.