Final Regs Allow Certain Co-Owned Elective Pay Entities to Opt Out of Partnership Treatment
The IRS finalized regs providing guidance on how clean energy projects with multiple owners can elect to not be treated …
IRS Updates Clean Vehicle Credit FAQs
The IRS has revised its FAQs that provide guidance to taxpayers seeking to claim tax credits for new or previously …
Proposed Reliance Clean Vehicle Credit Regs Discuss Foreign Entity of Concern Rules
The IRS has issued proposed reliance regs that would provide guidance regarding the excluded entity provisions with respect to the Code …
Inflation Reduction Act Progress Report Pt. 2: Industry Impact
Tax professionals are giving the IRS credit for how it has prepared to administer the dozens of tax provisions under …
Inflation Reduction Act Progress Report Pt. 1: Rubber Meet Road
Since the enactment of landmark legislation last summer packed with tax provisions intended to incentivize green energy project development or …
Lawmakers Seek Promotion of Clean-Energy Credits to Marginalized Groups
President Joe Biden’s administration should enlist the Treasury Department in raising awareness in disadvantage communities of credits for clean-energy production …