Tax Credits

At the end of September, the $7,500 federal tax credit for purchases of new electric cars and the $3,000 credit for used electric cars were discontinued, as a result of the so-called One Big Beautiful Bill Act that has undone multiple clean energy policies. Because of this, forecasts for EV sales over the next several years have been cut in half compared to what they were a year ago.

The governor of Massachusetts stopped in Springfield Tuesday to meet some of the city's youngest residents – and promote tax cuts that could be sizable for their parents.

New York Congressman Paul Tonko attended a virtual briefing this week aimed at educating the public on how to save money and protect the planet by taking advantage of the federal Inflation Reduction Act.

A Rochester developer is seeking an $8 million tax break for its plan to rehabilitate dozens of blighted homes in Albany’s Arbor Hill neighborhood.The…

Environmentalists are out with a new report critical of New York State's Brownfields Cleanup Program.Brownfields are thousands of sites statewide - they…

New York Senator Charles Schumer was in Plattsburgh Thursday afternoon, calling for the renewal of a tax credit for businesses that hire veterans.New…