
IRS Gives Flexibility on $7,500 EV Tax Credit Ahead of Sept. 30 Deadline
The $7,500 federal EV tax credit is officially on its way out. Thanks to the One Big Beautiful Bill Act, the credit will expire on September 30. For buyers hoping to take advantage of it one last time, the deadline has felt like a race against the clock. But this week the IRS added some much-needed clarity. Shoppers don’t necessarily need to have their new EV in the driveway by the end of September. Instead, the agency confirmed that entering…