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May 23, 2024
On May 16, 2024, the Internal Revenue Service (IRS) issued further guidance (Notice 2024-41, the Additional Notice) intended to provide clarity and certainty surrounding the domestic...
April 25, 2023
On April 4, the Internal Revenue Service issued Notice 2023-29 (the Notice), which describes certain rules the IRS intends to include in proposed regulations for qualifying for the energy community bonus production tax credit (PTC) rate and investment tax credit (ITC) amount under the Inflation Reduction Act of 2022 (IRA).
April 24, 2023
The Inflation Reduction Act of 2022 (the IRA) amended the rules relating to the production tax credit (the PTC) and the investment tax credit (the ITC) to provide increased credit amounts...
April 21, 2023
Internal Revenue Service Notice 2023-29 for qualifying for the energy community bonus production tax credit, rate and investment tax credit under the Inflation Reduction Act, IRS energy community bonus credit requirements taxpayers satisfy to qualify as energy community project
April 10, 2023
The Inflation Reduction Act of 2022 (the IRA) amended the rules relating to the production tax credit (the PTC) and the investment tax credit (the ITC) to provide increased credit...
December 13, 2022
On November 30, 2022, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2022-61 (Notice), providing…
December 7, 2022
Projects that start construction within 60 days from the publication of the Notice are exempt from the requirements. Key Points: ..Taxpayers now have...
December 6, 2022
On November 30, 2022, the IRS and the Treasury Department published Notice 2022-61 (the Notice) in the Federal Register. The Notice provides guidance regarding the prevailing wage...
December 6, 2022
On November 30, 2022, the IRS and the Treasury Department published Notice 2022-61 (the Notice) in the Federal Register. The Notice provides guidance regarding the prevailing wage...
December 5, 2022
On Nov. 29, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) published Notice 2022-61, Prevailing Wage and Apprenticeship Initial Guidance under Section...