Tag: electric

  • Plug in Tax Savings for Electric Vehicles

    Plug in Tax Savings for Electric Vehicles

    While the number of plug-in electric vehicles (EVs) is still small compared with other cars on the road, it’s growing — especially in certain parts of the country. If you’re interested in purchasing an electric or hybrid vehicle, you may be eligible for a federal income tax credit of up to $7,500. (Depending on where…