Adam Schurle

Adam Schurle

Foley & Lardner LLP

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IRS Releases Final Treasury Regulations on Low-Income Community Bonus Credits

The Internal Revenue Service (IRS) and Department of the Treasury earlier this month released final regulations (the “Low-Income Community Bonus Credit Rules”) relating to the low-income community bonus credit pursuant to...more

8/31/2023  /  Department of Energy (DOE) , Electricity , Inflation Reduction Act (IRA) , Investment Tax Credits , IRS , Low-Income Issues , Production Tax Credit , Renewable Energy , U.S. Treasury

IRS Releases Guidance on Low-Income Community Credit Adder

On February 13, 2023, the Department of Treasury and the Internal Revenue Service released Notice 2023-17, providing a high-level overview of the program to be established under Section 48(e) of the Internal Revenue Code (the...more

2/15/2023  /  Department of Energy (DOE) , Guidance Update , Internal Revenue Code (IRC) , Investment Tax Credits , IRS , Low-Income Issues , U.S. Treasury
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