Section 83(b) Election Credits

Making an 83(b) election can save taxpayers significant taxes if they purchase or otherwise acquire shares of “restricted” stock in a company that is appreciating in value.? Over time, the restrictions attached to these shares “lapse” and the...

ELECTRIC CAR CREDIT PUTS $7,500 IN YOUR POCKET

We’ve received quite a few questions about the federal income tax credit available to people who purchase electric cars. The maximum tax credit is currently $7,500, and there appear to be 24 manufacturers who produce electric cars at this time. The good news is...