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According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) April 2023 economic report, Nevada lost 2,900 jobs over the month. Employment is up 61,600 jobs since April 2022, an annual increase of 4.2 percent. The total employment level in the state is 1,540,300.
IRS Notice 2023-29 (the “Notice”) provides initial guidance on “energy community” tax credit bonuses. The Notice describes certain relevant rules and concepts that the Treasury and IRS...
<strong>Exclusive:</strong> One in five renters are among 1 million living in poverty, according to New South Wales Council of Social Services
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).
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...