Earlier this summer the One Big Beautiful Bill Act (“OBBBA”) was enacted, putting into place numerous tax provisions that will affect our financial lives for years to come. A mere summary of the legislation would far exceed the space limitations of this column (and most likely your attention span). Instead, we’ll focus on the areas that are most pressing and actionable now.

Electric Vehicle and Clean Energy Credits Will End Soon: If you’ve noticed a surge of electric vehicles on the road with temporary tags, this legislation may be the reason. In short, the existing federal tax credits for electric and plug-in hybrid vehicles will end for those purchased after Sept. 30 this year. In Colorado there are additional state income tax credits available but these may be reduced starting next yea

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