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Inflation Reduction Act (IRA) Employer Liability Issues

Jones Day

IRS Issues Final Prevailing Wage and Apprenticeship Regulations for Clean Energy Tax Credits

Jones Day on

The Background: The Inflation Reduction Act ("IRA") created or enhanced various tax credits for qualifying renewable energy projects. However, a taxpayer loses 80% of otherwise-available IRA credits unless prevailing wage...more

Bradley Arant Boult Cummings LLP

Inflation Reduction Act Prevailing Wage and Apprenticeship Compliance: Treasury and IRS Issue Final Rule

On June 18, 2024, Treasury and the IRS released the final rule for compliance with the prevailing wage and apprenticeship requirements (PWA requirements) pursuant to the Inflation Reduction Act of 2022 (IRA). This final rule...more

Constangy, Brooks, Smith & Prophete, LLP

OSHA update: What’s new for 2024

OSHA penalties increased for citations issued in 2024 Consistent with the 2015 Inflation Adjustment Act, which provides for the annual increase in penalties under the Occupational Safety and Health Act by the previous year’s...more

Morgan Lewis

Biden Administration’s Focus on Unions Extends to OSHA and Inflation Reduction Act Projects

Morgan Lewis on

Beyond the recent, precedent-rewriting National Labor Relations Board decisions that have been making headlines, the Biden administration has been furthering its pro-labor agenda through other rulemaking efforts, from the US...more

Katten Muchin Rosenman LLP

ESG Guidepost | Issue 4

Katten ESG Guidepost is a monthly publication highlighting the latest news, legal and regulatory developments involving environmental, social and governance matters....more

DarrowEverett LLP

The Show Must Go On: Entertainer-Employee Classification Takes Center Stage for Venues

DarrowEverett LLP on

It’s spring 2023, live entertainment is back, and perhaps so is the Internal Revenue Service (“IRS”). The Inflation Reduction Act, signed into law on August 16, 2022, authorizes $80 billion in funding for the IRS over the...more

McDermott Will & Emery

Weekly IRS Roundup January 17 – January 20, 2023

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 17, 2023 – January 20, 2023...more

Seyfarth Shaw LLP

Policy Matters Newsletter - January 2023

Seyfarth Shaw LLP on

Labor Employment Policy Highlights of 2022. This past term saw more legislation pass through congressional chambers at a more efficient clip than we have seen in quite some time. That does not mean that federal agencies were...more

Hogan Lovells

Updated prevailing wage and apprenticeship requirements for Inflation Reduction Act tax incentives

Hogan Lovells on

Last week, the Treasury released Notice 2022-61 (the “Notice”) with additional guidance on the “prevailing wage and apprenticeship” requirements tied to many of the new or updated tax incentives in the Inflation Reduction...more

Skadden, Arps, Slate, Meagher & Flom LLP

Insights – September 2022

Despite Slowdown in SPAC Activity, Opportunities Remain The SPAC market has seen a slowdown, with challenges including high redemption rates, economic uncertainty, increased regulatory scrutiny and new tax considerations....more

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