EV – The Burns Firm – Advisors of Complex Financial Matters

Ready, Set, Fire: 8 Tax Deductions You Might Not Know About

February 5th, 2025|Categories: Accountant, Burns Firm, Casualty Loss, Charitable Contributions, Charitable Donations, CPA, CPA Dallas, CPA near me, CPADallas, Dallas CPA, Deductions, EV, EV Credits, Home Energy Credits, Home Improvement Deductions, Home Office Deduction, Medical Deductions, Medical Expenses, Mortgage Interest, Student Loan Interest, Tax, tax accountant, Tax Advisor, Tax Deductions, Tax Preparation, Tax Return, Texas CPA, The Burns Firm, Vehicle Deductions|Tags: applications, Casualty Losses Deduction, Charitable Travel Deduction, cpa near me, Dallas CPA, Home Improvement Tax Deduction, Jury Duty Deductions, medical expense deductions, Points Paid on Home Mortgage Deduction, student loan interest deduction, tax, tax advisor, tax deductions, Texas CPA, The Burns Firm|

Years ago, many taxpayers itemized deductions instead of claiming the standard deduction. But fewer taxpayers are itemizing today due to a bevy of changes in the Tax Cuts and Jobs [...]

Understanding the $7,500 Federal Tax Credit for Buying an Electric Vehicle

October 3rd, 2024|Categories: Accountant, Burns Firm, Clean Vehicle Tax Credit, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Electric Vehicle, Electric Vehicle Credits, EV, EV Credits, EV's, Tax, tax accountant, Tax Advisor, Tax Credits, Tax Deductions, Tax Law, Tax Rules, Texas CPA, The Burns Firm|Tags: Clean Vehicle Tax Credit, CPA, cpa near me, Dallas CPA, electric vehicles, EV Tax Credit, tax advisor, tax credits, Texas CPA, The Burns Firm|

Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in the U.S. was 7.6% in 2023, up from [...]

New Twists and Turns Taken By EV Credits

February 20th, 2024|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Electric Vehicle, Electric Vehicle Credits, EV, EV Credits, Tax, tax accountant, Tax Advisor, Tax Credits, Tax Preparation, Tax Return, Tax Return Preparer, The Burns Firm|Tags: cpa near me, Dallas CPA, Electric Vehicle Credits, electric vehicles, EV Credits, tax advisor, Tax Credits for EV, The Burns Firm|

Did you buy an electric vehicle (EV) in 2023? Under the Inflation Reduction Act (IRA), passed late in 2022, you may be eligible for a new-and-improved tax credit, beginning on [...]

Interested in an EV? How to Qualify for a Powerful Tax Credit

August 2nd, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, Business Vehicle, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Electric Vehicle, EV, Expenses, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Cuts, Tax Deductions, The Burns Firm|Tags: CPA Dallas, cpa near me, Dallas CPA, Dallas CPA near me, electric vehicles, EVs, should I buy a EV, should I invest in an EV, tax, tax credit for electric car, tax credit for electric vehicle, tax credit for EV, tax credits, The Burns Firm|

Sales and registrations of electric vehicles (EVs) have increased dramatically in the U.S. in 2022, according to several sources. However, while they’re still a small percentage of the cars [...]