Ford and GM use IRS loophole to extend $7,500 EV tax credit on select lease deals. Money; Getty Images The last day to buy an electric vehicle and claim a now-expired $7,500 federal tax credit was ...

Don't miss out on our latest stories. Add PCMag as a preferred source on Google. Ford and General Motors have reportedly backtracked on plans to utilize a loophole in the now-expired federal tax ...

When the Big Beautiful Bill passed on July 4 of this year, we learned the current EV tax credit for new and used EVs would be ending on September 30, 2025. As it turns out, though, some recent ...

In an era where many companies suck up to the Trump Administration, Ford and GM dared to be different. They rather blatantly exploited a loophole to extend the clean vehicle tax credit beyond its ...

A new federal investigation is underway, targeting a lucrative tax loophole often exploited by wealthy individuals and corporations. This inquiry aims to scrutinize how this loophole functions, its ...

John Neff is a veteran automotive journalist with over two decades of experience leading major outlets such as Autoblog and Motor1. Beginning his career as Editor-in-Chief of Speed, Style & Sound, he ...