A new law signed on July 4 has fast-tracked the phase-out of multiple tax incentives for business owners and homeowners. Some are ending as soon as September 30, 2025, with others expiring by year-end.
These credits were supposed to last until 2032. Now, you’ve got months, not years, to take action.
Here’s what’s changing—and how to capture every dollar while you still can.
EV Tax Credits Could Disappear September 30, 2025
EV credits that were supposed to last until 2032 now end September 30, 2025.
Affected Credits:
- Section 45W – Commercial Clean Vehicle Credit
Up to $7,500 for light commercial EVs
Up to $40,000 for heavy-duty electric trucks - Section 30D – New Clean Vehicle Credit
Up to $7,500 for qualifying new EVs
(includes battery sourcing and income restrictions) - Section 25E – Used EV Credit
Up to $4,000, or 30% of the sale price
(subject to income limits, one-time use every three years)
To qualify for any of these credits, the vehicle must be delivered and placed in service by September 30, 2025.
⚠️Ordering or paying in advance isn’t enough. The IRS only counts the date the vehicle is officially in service. If your business places a vehicle in service even one day late, the credit is gone—no matter how much you spent.
Home Energy Credits Now End December 31, 2025
The energy-efficient home credit—originally extended through 2032—is now set to expire at the end of this year.
Still on the table:
- Up to $1,200/year for:
– Insulation and weatherization
– Energy Star windows and doors
– HVAC, electric panels, and home energy audits - Up to $2,000/year for:
– Heat pumps, biomass systems, and water heaters
(for both main and second homes)
⚠️Projects must be installed and operational by December 31, 2025 to qualify. Paying upfront or signing a contract does not qualify.
Equipment Expensing: The 100% Bonus Depreciation Window Is Back
If you’re upgrading your operations with new tools, tech, or vehicles, the timing couldn’t be better—assuming you don’t wait too long.
What’s Available:
- 100% Bonus Depreciation
Reinstated for equipment placed in service starting January 19, 2025 - Section 179 Expensing
Deduct up to $2.5 million with a phase-out threshold starting at $4 million
⚠️To claim the deduction in 2025, the item must be in use by December 31, 2025. Not ordered. Not sitting in storage.
Summary of Deadlines
| Tax Incentive | Deadline |
| EV Credits (45W, 30D, 25E) | Sept. 30, 2025 |
| Home Energy Credits | Dec. 31, 2025 |
| 100% Bonus Depreciation | Dec. 31, 2025 |
| Section 179 Expensing | Dec. 31, 2025 |
What You Should Do Now
These tax opportunities are real—but time-limited. Most business owners will miss them not because they didn’t qualify, but because they didn’t act in time.
- Spot tax deadlines before they become problems
- Structure purchases for maximum deduction
- Build a strategic tax plan for 2025
Let’s talk about your plans—and how to make the most of your tax credits.
By the way, this is not tax advice. Professional Advice occurs when you pay us to look at your personal situation and recommend a particular plan of action that suits that situation. The information provided here is for educational purposes only. We hope that it will generate a lot of great questions. However, you will need to engage a qualified professional to get the answers.
