Gift Electric Car to Spouse & Get Tax |Credit

tax credit for plug-in electric vehicles

This is holiday gift season. So here is the tax planning idea that may fulfill the gifting desire of your as well as give you a good shot of tax benefits. Just gift the electric car to claim tax credit upto $ 7500

Categorized as Tax Credits

New Online Tax Exempt Organization Search

IRS allows tax deduction for charity only if the charitable organization is recognized as tax exempt organization. In order to provide an efficient way to verify of the organization is recognized as tax exempt or charitable organization during the period in which a tax payer is planning to donate, IRS has replaced its online tool for searching tax exempt organization with a faster database web application