News Snapshot:
It's a new year, and while few of us still have the headache of needing to remember to write the new year on checks, 2024 brings a new annoyance of sorts. As of yesterday, tough new US Treasury Department rules concerning the sourcing of electric vehicle batteries went into effect; as a result, most of the battery and plug-in hybrid EVs that were eligible for the Internal Revenue Service's clean vehicle tax credit until Sunday have now lost that eligibility. Under the federal government's previous program to incentivize the adoption of plug-in vehicles, it offered a tax credit up to...
