Electric cars

Good news for 2011! The Federal Tax Credit for Electric Vehicle (EV) Charging Infrastructure has been extended through December 31, 2011. As a consumer, you can get a tax credit of 30%, up to $1,000, for an EV charging station. Tax credits, unlike tax deductions, are actually deducted directly from the taxes you owe, rather than from your income — so they amount to a lot more than tax deductions.

A few resources for more information:

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