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Last call on Cyber Monday 2025: Live updates from Amazon, Apple, Best Buy, Walmart, and more MashableCyber Monday deals for 2025 are live: Shop major sales from Hoka, Apple and Dyson at some of the lowest prices we've seen this year YahooThese Verge-approved gifts are still available for up to 60 percent off for Cyber Monday The Verge177 Best Amazon Cyber Monday Deals to Shop Before They End in a Few Hours NBC News
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Cyber Monday deals on tech for 2025: The best sales from Apple, Amazon, Lego, Dyson, Disney and others are up to 50 percent off EngadgetCyber Monday deals for 2025 are live: Shop major sales from Hoka, Apple and Dyson at some of the lowest prices we've seen this year Yahoo167 Best Amazon Cyber Monday Deals That End Soon: Save Up to 70% off Now NBC News
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A pared-back White House Christmas — with a Trump Lego portrait The Washington PostI toured the White House to see Melania Trump's Christmas decorations. The East Wing is no more, but the display was still dazzling. Business InsiderInside this year's White House holiday decor CNNSee First Lady Melania Trump's 2025 White House Christmas decorations USA TodayAfter East Wing demolition, White House tours are bac
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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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