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OBB-BA-Di, Ob-La-Da, Life Goes On, Brah? Life – and Tax Policy – Goes On

On July 4, President Donald Trump signed into law P.L. 119-21, the “One Big Beautiful Bill Act” (OBBBA), enacting significant changes to the US tax system....more

Tax Revolution: Come Together for The One, Big, Beautiful Bill

On May 14, the US House Ways and Means Committee advanced its initial markup version of The One, Big, Beautiful Bill, following 17 hours of a Committee meeting to markup the bill with no changes from the 389-page text that...more

The IRA’s New and Expanded Tax Credits for Projects to Support Clean Energy Manufacturing and Recycling

Projects that produce or recycle wind turbine blades, manufacture energy storage equipment, or refine or blend renewable or low-carbon fuels may qualify for up to a 30 percent tax credit under the Inflation Reduction Act...more

New Incentives Under the 2022 Inflation Reduction Act to Jump Start Deployment of Carbon Sequestration and Expand Clean Fuel...

This week, President Biden signed legislation designed to infuse billions of dollars into the economy to promote clean energy, manufacturing, and construction through a wide array of tax incentives and grants. ...more

Key Tax Changes Impacting Businesses in the New Inflation Reduction Act

Today, President Joe Biden signed into law the Inflation Reduction Act of 2022 (the “Act”). Although the proposal further restricting the availability of long-term capital gain treatment with respect to carried interests...more

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