Tag: Tax Credits, Deductions and Exemptions

Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.

Biden Administration Chooses Military Supplier for First CHIPS Act Grant

The award, which will go to BAE Systems, is part of a new government program aimed at creating a more secure supply of semiconductors.