Following our prior alert on the House Ways & Means Committee version of the One Big Beautiful Bill Act (“OBBBA”), the House passed its version of the OBBBA (“House Bill”) on May 22, 2025, and on June 17, 2025 the Senate...more
6/27/2025
/ Clean Energy ,
Energy Tax Incentives ,
Estate Tax ,
Federal Funding ,
Foreign Tax ,
Gift Tax ,
Investment Tax Credits ,
Proposed Legislation ,
Renewable Energy ,
Senate Finance Committee ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Taxation
Both the House Energy and Commerce Committee and the House Ways and Means Committee released their portions of the reconciliation bill over the last week. While not as far-reaching as some feared, these initial revisions...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
On October, 5, 2022, the U.S. Department of Treasury (Treasury) and Internal Revenue Service (IRS) published six Notices requesting public comments by November 4, 2022 on certain of the clean energy tax incentives included in...more
11/3/2022
/ Carbon Capture and Sequestration ,
Clean Energy ,
Energy Tax Incentives ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Income Taxes ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
Manufacturers ,
Prevailing Wages ,
Production Tax Credit ,
Public Comment ,
Tax Incentives ,
U.S. Treasury
On July 27, 2022, Senator Joe Manchin and Senate Majority Leader Chuck Schumer announced that they have reached an agreement on a budget reconciliation bill (the Inflation Reduction Act of 2022, the “Act”). Although the Act...more
8/2/2022
/ Alternative Minimum Tax ,
Capital Gains Tax ,
Carried Interest Tax Rates ,
Clean Energy ,
Energy Tax Incentives ,
Foreign Corporations ,
Inflation Adjustments ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Renewable Energy