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HHS says it's freezing child care payments to Minnesota after fraud allegations ABC NewsAn Intense White House Response From a Single Viral Video The New York TimesWalz on frozen federal child care payments: ‘This is Trump's long game' The HillTrump admin
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Division at the Fed: Some officials want to keep interest rates on hold "for some time" AxiosFed minutes show officials were in tight split over December rate cut CNBCFederal Reserve minutes highlight deep fissures at US central bank Financial TimesDeep Divide Inside Fed Raises Questions About Timing of Further Rate Cuts The New York TimesFed officials showed deep divisions at December meeting, minutes show Re
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Fed officials showed deep divisions at December meeting, minutes show ReutersFed minutes show officials were in tight split over December rate cut CNBCDivision at the Fed: Some officials want to keep interest rates on hold "for some time" AxiosDeep Divide Inside Fed Raises Questions About Timing of Further Rate Cuts The New York TimesFederal Reserve minutes highlight deep fissures at US central bank Financial
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A pause would give Federal Reserve officials time to assess the effects of the three rate cuts made this year.
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Quick hits: Altmyer leads one last Illini comeback in 30-28 walk-off win over Tennessee in Music City Bowl 247SportsIllinois 30-28 Tennessee (Dec 30, 2025) Game Recap ESPNWhy Tennessee, Illinois are not wearing orange uniforms in Music City Bowl The TennesseanIllinois star runs over official in key play, leads team to Music City Bowl win Fox News
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HHS freezes all child care payments to Minnesota after viral fraud allegations CBS NewsFirst, a viral video. Then a surge of federal resources to investigate alleged child care fraud in Minnesota CNNHHS freezes all child care funding for Minnesota PoliticoSEE IT: Daycare center at heart of Minnesota fraud investigation fixes sign after vir
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President Biden signed the Inflation Reduction Act into law on August 16. The massive climate, energy, tax, and healthcare package contains numerous clean energy incentives including tax credits for the purchase of new and used electric vehicles. But you may not have heard that the new law also revives the tax credit for electric vehicle charging stations and equipment that had expired in 2021. There are some changes to the prior charging station tax credit that you will want to be aware of, so that you can potentially use the tax break for your own EV charger.
What is the Tax Write Off for EV Chargers?
The federal tax credit for electric vehicle chargers originally expired on December 31, 2021. However, the Inflation Reduction Act's Alternative Fuel Refueling Property tax credit extends the EV charger tax incentive ten years—through December 31, 2032.
SEE MORE EV Tax Credits Are Changing: What's Ahead
So, what does that mean for you? Essentially, if you install an EV charging station at home, the tax credit under the Inflation Reduction Act is 30% of the cost of hardware and installation, up to $1,000. Also, beginning in 2023, the tax credit for business and home installations, will apply to other EV charging equipment like bidirectional (i.e., two-way) chargers.
Businesses that that install new EV chargers or EV charging equipment can also benefit from a tax incentive of up to 30% of the total cost of equipment and installation. But they will have to meet certain labor and construction requirements to be eligible to claim the full incentive.
Before the Inflation Reduction Act, the limit on the amount of the EV charger tax credit for businesses was $30,000 (which still applies to projects completed before the end of 2022). However, under the new law, if you complete the business installa
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