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Top Blog Posts of 2018 on AutomotiveFleet.com

In 2018, blog posts that covered a tax law change, the sale of Bobit Business Media, negligent entrustment, and the Mercedes-Benz Sprinter van ranked among the most viewed on AutomotiveFleet.com.

IRS Raises Mileage Reimbursement Rate

The Internal Revenue Service has increased the business mileage reimbursement rate to 54.5 cents from 53.5 cents for 2018. The new rate will go into effect on Jan. 1.

EV Tax Credit Spared by Congress

Congressional negotiators will spare a $7,500 federal tax credit that has supported sales of plug-in electric vehicles, which was put in place in 2008 and 2009 for plug-in and converted plug-in electric vehicles.

House Plan Would Eliminate EV Tax Credit

A $7,500 federal tax credit that has fueled sales of plug-in electric vehicles in recent years could be eliminated if House Republicans can include the proposal in the tax cut bill now under discussion, reports Reuters.

Proposed U.S. Border Tax Shelved

A proposal to use a border-adjusted tax to discourage companies from manufacturing products overseas has been dropped because it doesn't have enough support, Republican leaders in Washington, D.C. have announced.