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Work is starting beneath the Newcastle Art Gallery to prepare for the $40 million expansion of one of the city’s […]

On March 31, 2022, the Alberta government released the results of its first request for full project proposals (RFPP) for developing and operating carbon sequestration hubs in the province.

A state audit of Maryland’s health insurance exchange system found continued problems in the program’s verification of some applicants’ income to determine their eligibility for Medicaid over a three-year period.

Wolters Kluwer Tax & Accounting: MEDIA ALERT - Wolters Kluwer looks at tax credits implemented to help reduce carbon footprint Wolters Kluwer Tax Accounting: What: The enactment of a credit for carbon oxide sequestration in 2008 was the first step in the efforts to encourage the recapture of carbon oxide from the atmosphere. Significantly enhanced in 2018, it helped jumpstart the carbon recapture industry, but several areas left it up to the US Treasury to provide the details on how to qualify. Those details finally started to come in 2020 with final regulations not adopted until January 6, 2...

To embed, copy and paste the code into your website or blog: The U.S. Department of the Treasury and the Internal Revenue Service on January 6, 2021, issued Treasury Decision 9944, providing final regulations relating to Section 45Q tax credits (Regulations). The Regulations provide guidance on the Section 45Q tax credits accrued for certain qualified carbon oxide sequestration activities using qualified equipment. The Regulations—in tandem with a two-year extension of the deadline for the commencement of construction of qualifying carbon capture projects (pursuant to the second COVID-19...