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Seahawks' Super Bowl parade and celebration: What to know The Seattle TimesHere's what we know about the Seahawks Championship Ceremony and Parade in Seattle KING5.comSEAHAWKS PARADE: Seattle Public Schools' plan for Wednesday, and how it compares to 2014 West Seattle Blog...A Million People Downtown? Get ready for Seattle's Super Bowl Parade. SPD Blotter (.gov)
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Bad Bunny vs. Kid Rock: Here's how many people watched each Super Bowl halftime show San Francisco ChronicleHalftime ratings: How many watched Turning Point, Bad Bunny shows El Paso TimesZach Bryan calls Turning Point USA's halftime show ‘embarrassing as hell' San Francisco ChronicleCandace Owens Claims Turning Point USA's All-American Halftime Show ‘Scammed Its Views' Count Yahoo
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Column | Want to lose weight? Here's why exercise probably won't help. The Washington PostWhy exercise isn't much help if you are trying to lose weight New ScientistScientists Say Exercise May Not Burn as Many Calories as You Think Outside MagazineWhy working out may not help you lose weight Medical XpressExercise Alone May Not Lead to Weight Loss; Study Points to Ultra-Processed Foods as Key Trigger of Fat Gain
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Goldman Sachs analysts led by Gail Hafif says some big influential CTAs are ready to push the sell button on U.S. stocks, especially if the S&P 500 sinks further.
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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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