On Wednesday, June 14, 2023, the IRS released its long-awaited initial guidance and proposed regulations regarding the newly created direct payment election methodology. The federal government created this new “elective...more
7/10/2023
/ Clean Energy ,
Energy Projects ,
Energy Tax Incentives ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Nonprofits ,
Proposed Regulation ,
Registration Requirement ,
Tax Credits ,
Tax Returns
The Inflation Reduction Act (IRA) has been called the most aggressive climate investment ever undertaken by the U.S. Congress. With approximately $370 billion dollars in funding over the next 10 years, it is projected that...more
5/15/2023
/ Brownfield Properties ,
CERCLA ,
Coal Industry ,
Energy Projects ,
Energy Sector ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
New Guidance ,
Oil & Gas ,
Production Tax Credit ,
Renewable Energy ,
Safe Harbors ,
Tax Credits