{"id":1428,"date":"2019-10-05T22:53:35","date_gmt":"2019-10-05T22:53:35","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/?p=1428"},"modified":"2019-10-09T23:00:19","modified_gmt":"2019-10-09T23:00:19","slug":"new-report-ev-tax-credits-ineligible","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/new-report-ev-tax-credits-ineligible\/","title":{"rendered":"New Report: EV Tax Credits Ineligible"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Who authored the report?<\/strong> US Department of Treasury Inspector General<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What did it find?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>IRS has no process to detect false claims for the credit<\/li><li>IRS has no process to prevent false claims for the EV credit<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Recommendations:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Cross check VIN numbers with 3rd party VIN databases<\/li><li>Develop a compliance program at IRS to ensure EVs are the only vehicles claiming the credit<\/li><li>Cross check VIN numbers of EVs leased too<\/li><li>IRS should offer guidance to tax examiners for compliance<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.treasury.gov\/tigta\/auditreports\/2019reports\/201930072fr.pdf\">US Department of Treasury Inspector General | Millions of Dollars in Potentially Erroneous Qualified Plug-In Electric Drive Motor Vehicle Credits Continue to Be Claimed Using Ineligible Vehicles<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who authored the report? US Department of Treasury Inspector General What did it find? IRS has no process to detect false claims for the credit IRS has no process to prevent false claims for the EV credit Recommendations: Cross check VIN numbers with 3rd party VIN databases Develop a compliance program at IRS to ensure [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1428","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/1428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=1428"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/1428\/revisions"}],"predecessor-version":[{"id":1429,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/1428\/revisions\/1429"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=1428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=1428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=1428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}