After clean energy credit eligibility ruling, tax pro advises ‘staying the course’
Earlier this month, the U.S. District Court for the District of Columbia vacated Treasury guidance that had limited options for …
Navigating Clean Energy Material Assistance Restrictions, New Guidance
During a March 11 webinar, Deloitte tax specialists explained new IRS guidance on prohibited foreign entity (PFE) restrictions for clean …
Clean Energy Sector ‘Scrambling’ to Keep Up With OBBB Foreign Entity Rules
Clean energy developers and manufacturers, especially in the wind and solar sectors, are endeavoring to fully digest stringent foreign entity …
Dems Push to Overturn IRS Rule on Solar, Wind Tax Credits
A group of Senate Democrats introduced a resolution to disapprove of IRS guidance that changes the requirements for wind and …
New Energy Credit Material Assistance Guidance Leaves Open Key Questions
The IRS recently issued interim guidance to assist taxpayers claiming certain clean energy tax credits comply with new restrictions on material assistance …
What to Expect From Clean Energy Tax Incentives Post-OBBBA
Tax and energy policy experts agree that while the One Big Beautiful Bill Act (OBBBA), will slow clean energy deployment, …
Post-OBBB Wind and Solar Credit Pitfalls to Avoid
After the One Big Beautiful Bill Act (OBBB) and recent IRS guidance, practitioners will need to shift their strategy to …
Clean Energy Sector Awaits Guidance on New Foreign Entity of Concern Restrictions
The One Big Beautiful Bill (OBBB, P.L. 119-21) imposes complex foreign entity of concern (FEOC) restrictions on clean energy credits – …
IRS Clarifies Clean Energy Rollbacks, Adjusts Sec 45Y Credit for Inflation
The IRS released new FAQs clarifying the accelerated terminations of various clean energy credits under the 2025 Act, formerly known …
Clean Energy Credit Repeals May Rattle Industry, Tax Sector Expects
The House and Senate tax titles for the One Big Beautiful Budget Act (OBBBA, H.R. 1) both make deep cuts to …