In a significant update for taxpayers and auto dealers, the IRS has announced a critical change to its process for claiming clean vehicle credits for the 2024 tax year. This development, spurred by advocacy from the National Automobile Dealers Association (NADA), addresses widespread issues that prevented many from accessing the New Clean Vehicle Credit and the Previously-Owned Clean Vehicle Credit. Here’s what you need to know about this opportunity and how it could impact you. The Issue: Delays in Clean Vehicle Credit Processing For the 2024 tax year, claiming either the New Clean Vehicle Credit or the Previously-Owned Clean Vehicle Credit required dealers to submit IRS Form 15400, the Clean Vehicle Seller’s Report, through the IRS Energy Credits Online portal within 72 hours of a qualifying vehicle...