Page 12 THE REVERE ADVOCATE – FRIDAY, JANUARY 20, 2023 Patriot boys edged out late by Tornadoes By Greg Phipps H aving lifted themselves above the.500 mark with a win over Chelsea last Tuesday. the Revere Patriots boys' basketball team played well but couldn't come out on top in an eventual 50-40 home loss to the Malden Golden Tornadoes in a Greater Boston League (GBL) battle last Thursday. The Patriots trailed by just two, 22-20, at the half and outscored the Tornadoes 14-9 in the third period to pull in WIN | SEE Page 15 Patriot girls lose close battle to Tide By Greg Phipps W ith his squad on a solid streak, having won three of its previous four games, head coach Chris Porrazzo and the Revere High School girls’ basketball team gave the neighboring rival Everett Crimson Tide all they could handle on Tuesday at home. The Patriots got a super 20-plus point eff ort from Shayna Smith but they fell just short by a close 49-47 margin in a Greater Boston League (GBL) tussle. Revere led 44-41 on a Lea Doucette basket with just under four minutes left of the fi nal quarter. But Everett would outscore the Patriots 8-3 the rest of the way to come away the victor. Revere still held a 47-46 edge with about 40 seconds remaining before the Tide tacked on the fi nal three points. Tuesday’s performance was a clear sign of progress for Revere, which lost by an 18-point spread at Everett in the season opener back in December. Smith netted 23 points to go along with seven rebounds in the loss. Center Belma Velic was also a force, pouring in 14 points while hauling down four rebounds and dishing out three assists. Porrazzo said before Tuesday’s contest that “the second time through our schedule we want to show teams how much we have improved. Everett is our fi rst chance to prove it.” The Patriots, now 4-7 overall on the season (4-4 in the league) win, seem to have accomplished that goal with Tuesday’s eff ort. The next challenge for Revere took place Thursday when they hosted Somerville in another GBL tilt. The Patriots then travel to face Winthrop on Friday and host Lynn Classical next Tuesday. The Patriots will have a chance to show their improvement against the Rams, who beat them by 23 back on Dec. 20 at Classical. Revere’s fourth victory of the season came against league foe Malden last Thursday. Once again, Smith and Velic were the mainstays off ensively, as Smith notched 15 points and grabbed nine boards. She also contributed fi ve assists. Velic scored nine points and also fi nished with nine rebounds. Nisrin Sekkat collected six key points in the second half, which, Porrazzo said, “really opened up the rest of the off ense for our team.” Porrazzo described the Malden win as “a great win on the road against a tough team. Our whole team contributed to this win.” front 34-31. Clutch baskets by Vincent Nichols and two free throws from Sal DeAngelis helped give Revere the advantage heading into the fi nal eight minutes. PLUG-IN ELECTRIC VEHICLE TAX CREDIT he pre-2023 qualifi ed plugin electric drive motor vehicle tax credit is $2,500, plus $417 for a vehicle that draws propulsion energy from a battery with not less than fi ve kilowatt hours of capacity, and an additional $417 for each kilowatt hour of battery capacity in excess of fi ve kilowatt hours. The additional amount cannot exceed $5,000, resulting in a maximum tax credit for 2022 in the amount of $7,500. The tax credit begins to be phased out for a manufacturer that sells 200,000 qualifi ed vehicles for use in the United States. A new qualifi ed plug-in electric drive vehicle is a motor vehicle: 1. Made by a manufacturer 2. Acquired for use or lease by the taxpayer and not for resale 3. The original use of which commences with the taxpayer 4. Treated as a motor vehicle for purposes of Title II of the Clean Air Act 5. Has a gross vehicle weight rating of not more than 14,000 pounds; and 6. Is propelled to a significant degree by an electric motor that draws electricity from a battery with a capacity of not less than four kilowatt hours and is capable of being recharged from an external source. The vehicle must be used primarily in the United States. For purchases after August 16, 2022, the fi nal assembly of the vehicle generally must have taken place in North America. For a qualified vehicle placed in service after 2022 and before 2033, the credit is renamed and is now called the Clean Vehicle Credit. The maxT imum amount of the credit is still $7,500, but it has two components. A $3,750 credit if the vehicle satisfi es domestic content requirements for critical minerals in the battery, plus a $3,750 credit if the vehicle satisfi es domestic content requirements for battery components. This tax credit is not allowed if a taxpayer’s modifi ed adjusted gross income exceeds $300,000 for a married fi ling joint return, $225,000 if filing as head of household and $150,000 is fi ling as single or married fi ling separate, or if the MSRP for the vehicle exceeds $80,000 for a van, SUV or pick-up truck, or $55,000 for any other vehicle. Since electric vehicles are generally more expensive than combustion engine vehicles, this tax credit is essential to help bring down the cost. It is still very diffi cult to predict over the long run whether or not it will be more costly to operate an electric vehicle versus a combustion engine vehicle. It will simply depend on the cost of electricity versus the cost of gasoline. How long an electric vehicle battery will last and the cost to replace it will be another issue to contend with down the line. Joseph D. Cataldo is an Estate Planning/Elder Law Attorney, Certifi ed Public Accountant, Certifi ed Financial Planner, AICPA Personal Financial Specialist and holds a Master’s Degree in Taxation. Part-time Cook for small kitchen in Everett 20-25 Hours per week (617) 592-6726
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