Act Now on Electric Vehicle Tax Credits
If you’re thinking about purchasing an electric vehicle for your business, or personally, time is running low.
The One Big Beautiful Bill Act (OBBBA) signed in July terminates three cornerstone EV tax credits after September 30, 2025:
• Section 45W – Up to $40,000 credit for commercial EVs
• Section 30D – Up to $7,500 for new EVs
• Section 25E – Up to $4,000 for used EVs
If an EV is part of your 2025 business plan, act before the credits vanish.

Video Script
If you’ve been considering an electric vehicle, whether for your business or personal use, now’s the time to act. New tax legislation, signed this past July, officially ends three cornerstone EV tax credits after September 30, 2025. Here’s what’s going away: #1) Section 45W: Up to $40,000 for commercial EVs, #2) Section 30D: Up to $7,500 for new EVs, and #3 Section 25E: Up to $4,000 for used EVs. If an EV purchase is part of your 2025 plan, don’t wait until it’s too late. These incentives are powerful, but they disappear after September 30th. This has been a tax saving tip from Accounting Solutions. Book a time to learn more.

Disclaimer: This content is provided for educational purposes only and is not legal, tax, accounting, or financial advice. Every situation is unique, so consult your own attorney, CPA, or financial advisor before making decisions based on this information.