Section 6418 of the Internal Revenue Code (as added by the Inflation Reduction Act of 2022) allows an eligible taxpayer that qualifies for certain clean energy tax credits, including investment tax credits and production tax...more
2/19/2024
/ Clean Energy ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Partnerships ,
Passive Investments ,
Production Tax Credit ,
Proposed Regulation ,
Tax Credits ,
Tax Registration Numbers ,
Third-Party
On Wednesday, June 14, 2023, the Internal Revenue Service (IRS) and U.S. Department of Treasury (Treasury) issued proposed Treasury Regulations on the elective payment of certain tax credits (also known as direct pay) under...more
6/20/2023
/ Energy Projects ,
Internal Revenue Code (IRC) ,
IRS ,
Proposed Regulation ,
Renewable Energy ,
S-Corporation ,
Tax Credits ,
Tax Exemptions ,
Tax Liability ,
Tax Returns ,
U.S. Treasury
The Treasury Department and Internal Revenue Service issued a second set of proposed regulations on the new “opportunity zone” tax incentive on April 17, 2019. This tax incentive encourages investment in certain distressed...more
The Treasury Department and Internal Revenue Service issued proposed regulations and other guidance on the new "opportunity zone" tax incentive on October 19, 2018. This tax incentive encourages investment in certain...more
10/29/2018
/ Capital Gains ,
Economic Development ,
Financial Statements ,
Income Taxes ,
Investment Funds ,
IRS ,
Opportunity Zones ,
Partnerships ,
Proposed Regulation ,
S-Corporation ,
Tangible Property ,
Tax Incentives ,
U.S. Treasury