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Tax credit News

Feds delay approval of Mass. offshore Vineyard Wind project

Final approval for the Vineyard Wind Project will likely not happen for at least another 18 months, according to information received from multiple sources by The Connecticut Public Radio.

Tesla still has over 3,000 Model 3's left in inventory in the US

Tesla Inc had over 3,000 Model 3 vehicles left in inventory in the United States as of Sunday, automotive news website Electrek reported on Monday, citing people familiar with the matter.

Senate bill could give electric vehicle tax credit a big boost

Washington - Tesla Inc and General Motors, which have lobbied Congress to lift a cap on electric vehicles eligible for a $7,500 tax credit, could get their way for up to four years under a new proposal from a Republican senator.

Tesla first to hit 200,000 in EV sales — Tax credit ends Oct 15th

Tesla is the first automaker to hit the 200,000th EV delivery mark in the US and to trigger the phase-out of the federal tax credit for buyers of its electric vehicles.

BP comes under scrutiny for use of prisoners during Gulf clean-up

BP's use of prisoners to assist with the oil spill clean-up has been called an "open secret." In other words, the use of prisoners was not hidden -- but BP has not openly admitted to the project either.

Embezzler Gets Tax Credit, Congrats from Governor

Michigan Governor Jennifer Granholm personally congratulated Richard A. Short, CEO of RASCO (Renewable and Sustainable Companies LLC), at a news conference Tuesday for his $9.1-million state tax credit.

Obama’s plan: Businesses get $5,000 tax credit for every new hire

United States President Barack Obama announced a $33 billion package of tax cuts Friday to encourage small businesses to hire new workers.

First-Time Home Buyers Tax Credit May be Extended

The current $8,000 tax credit for first time home buyers is set to expire on December 1, but there is a chance the tax credit may be extended.

Senators seek six-month home buyer tax credit extenision Special

Senator Reid and Senator Ensign of Nevada co-sponsor a bill to extend the $8,000 first-time home buyer tax credit. The bill was also sponsored by Senator Ben Cardin.
 

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