Archive for January, 2013

Jan 7

Federal Motor Fuel Tax Credits

Federal Motor Fuel Tax Credits H.R. 8, the tax bill enacted by the 112th Congress on January 1, extends the federal $0.50/gallon alternative motor fuel tax credit and the 30 percent alternative refueling property tax credit through December 31, 2013.  Both credits were made retroactive for taxable year 2012.  The fuel credit amounts to 50…