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Cash for Clunkers update: IRS taxes rebates, Chrysler in a good kind of trouble, more

The Cash For Clunkers program, officially known as CARS, is a program in flux. If you missed the CARS news over the weekend, read this post. Here's what has happened since then: The White House was pushing the Senate to act today, making it very clear that CARS has pushed average mpg numbers up by "nearly 10 miles per gallon" for the new cars over the clunkers that were scrapped. Transportation Secretary Ray LaHood wouldn't say what would happen if the Senate doesn't match the House's extra billions for CARS, saying simply, "I believe ... Read more →

April 15th is coming and the IRS has got your biofuel tax information ready Sebastian Blanco

If you're the Ned Flanders type who just loves to get your taxes done early, we've got the post for you. The IRS has prepared a document on the changes to the tax code that biodiesel and cellulosic ...

Get ready for April 15: info on U.S. hybrid vehicle tax rebates Sebastian Blanco

Did you buy a hybrid in 2007? If yes, you'll want to check out a post that our good friends over at Green Daily have whipped up. The GD crew has prepared an in-depth guide to all of the U.S. tax ...

Internal Revenue Service grants Honda GX credit Joel Arellano

Honda's two compressed natural gas vehicle, the 2005 and 2006 Civic GX, have met the Qualified Alternative Fuel Motor Vehicles (QAFMV) qualifications per the Internal Revenue Service (IRS). This ...

IRS form gives tax credits - up to $30,000 - for installing E85 pumps Sebastian Blanco

One part of last year's Energy Policy Act is now a reality in the form of an exciting new IRS tax form, Form 8911. The "Alternative Fuel Vehicle Refueling Property Credit" offers the first federal ...

Tax time relief: biofuel tax credits 3 years ago on Autoblog Green

With tax day just past, it’s good to know the IRS still hearts biofuels. There are plenty of tax credits for those involved in the biofuel way of life. Everyone from individuals or businesses purchasing cars, to small agri-business biofuel producers (those who make less than 15-million gallons ...

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