The CBD Blog

Find peer advice, partner insights, and industry updates – all here in the CBD blog, ‘At The Helm’! With contributions from our entire team, we blog about the things that interest you.

Electric Vehicle Tax Credit: You Can Still Save Greenbacks for Going Green

Buyers of new plug-in electric or hybrid vehicles may be eligible for a federal income tax credit of up to $7,500, along with other cost-saving benefits depending on where they live in the United States. But beware: Some electric and hybrid vehicles now qualify for only a partial credit due to a phaseout rule. If you wait too long, the credits for those vehicles will be completely phased out. Here are the details.