The highly anticipated guidance for the second round of allocations (Round Two) under the US Treasury’s §48C Qualifying Advanced Energy Project Tax Credit program was released this week pursuant to IRS Notice 2024-36, with...more
The Internal Revenue Service (IRS) recently launched a new online registration portal allowing taxpayers to begin the registration process that must be completed in order for a taxpayer to elect to transfer a credit (under...more
This past summer, the Treasury and Internal Revenue Service (IRS) published proposed Treasury Regulations (88 FR 40528 and 88 FR 40496) under two key provisions of the Inflation Reduction Act of 2022 (IRA) designed to enable...more
Inflation Reduction Act Overview -
$740 billion package focused on inflation and deficit reduction, health care, and energy security & climate change -
• Raises $737 billion in revenue through a new 15% corporate book...more
4/20/2023
/ Affordable Care Act ,
Clean Energy ,
Climate Change ,
Deficit Reduction ,
Energy Sector ,
Healthcare ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
Prevailing Wages ,
Production Tax Credit ,
Tax Credits ,
Wages