Persistent Poverty County News Today

Denmark Technical College, with Voorhees University, hosted a Nov. 14 community meeting to educate students and community members about the digital divide as well as give information on broadband equity, accessibility, and funding through the Affordable Connectivity Program.

The Internal Revenue Service (IRS) and Department of the Treasury earlier this month released final regulations (the “Low-Income Community Bonus Credit Rules”) relating to the...

On August 10, 2023, the IRS issued T.D. 9979 (the "Final Regulations") and Revenue Procedure 2023-27 (the "Revenue Procedure"). The Final Regulations and the Revenue Procedure address...

The following is an overview of guidance regarding the Inflation Reduction Act's (IRA) Low-Income Communities Bonus Credit Allocation Program (LIC Bonus) and the Energy Community Tax...

The low-income communities bonus credit (the LIC Bonus), which was introduced by the Inflation Reduction Act of 2022 (the IRA), provides an enhanced tax credit for certain wind and...

On June 1, 2023, the Treasury Department and IRS issued additional guidance regarding the Allocation Program in the form of proposed rules which are intended to apply to the 2023 calendar year only.

On May 31, 2023, the Internal Revenue Service ("IRS") and the Department of the Treasury ("Treasury") released proposed rules relating to the Low-Income Communities Bonus Credit Program...

On May 31, the Treasury Department issued proposed regulations (REG-110412-23) detailing how small solar and wind facilities located in or connected to low-income communities (LIC) can...

On May 31, 2023, the Department of Treasury (Treasury) and Internal Revenue Service (IRS) released proposed rules that set forth application and eligibility criteria for the low-income...

On May 31, 2023, the IRS released a Notice of Proposed Rulemaking (Proposed Rules)[1] concerning the low-income communities bonus tax credit program…