Due to the expected decreases in inventory levels from 2019-2020, LIFO recapture could be significant to some. Watch this quick video from Dixon, Hughes, Goodman, LLP where they discuss key items you need to know and consider in this short 2 minute video. CLICK HERE TO VIEW
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EV Tax Credit Resources
Background: IRS Important Information for Consumers Transferring Clean Vehicle Tax Credits
IRS Checklist: Clean Vehicle Credit Transfer
IRS Video: How to Submit Time of Sale Reports
Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After
Federal Tax Credits for Pre-owned Plug-in Electric and Fuel Cell Vehicles
Commercial Clean Vehicle Credit