Following our prior alerts on each of the House Ways & Means Committee and Senate Finance Committee versions of the One Big Beautiful Bill Act (OBBBA), the Senate passed its version of the OBBBA on July 1, 2025, returning the...more
On June 16, 2025, the Senate Finance Committee released its own version of proposed legislation following the House’s passage of the “One Big Beautiful Bill Act” (H.R. 1). While the House bill did not introduce any changes to...more
6/27/2025
/ Capital Gains ,
Emerging Growth Companies ,
Federal Funding ,
Investment ,
Proposed Legislation ,
Securities Regulation ,
Small Business ,
Tax Benefits ,
Tax Credits ,
Tax Reform ,
Venture Capital
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
On May 12, 2025, the House Ways and Means Committee released the text of the proposed tax legislation titled “The One, Big, Beautiful Bill” (the “Bill”), reflecting President Trump’s and the Republican Party’s legislative...more
The highly anticipated guidance for the second round of allocations (Round Two) under the US Treasury’s §48C Qualifying Advanced Energy Project Tax Credit program was released this week pursuant to IRS Notice 2024-36, with...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
This past summer, the Treasury and Internal Revenue Service (IRS) published proposed Treasury Regulations (88 FR 40528 and 88 FR 40496) under two key provisions of the Inflation Reduction Act of 2022 (IRA) designed to enable...more
Inflation Reduction Act Overview -
$740 billion package focused on inflation and deficit reduction, health care, and energy security & climate change -
• Raises $737 billion in revenue through a new 15% corporate book...more
4/20/2023
/ Affordable Care Act ,
Clean Energy ,
Climate Change ,
Deficit Reduction ,
Energy Sector ,
Healthcare ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
Prevailing Wages ,
Production Tax Credit ,
Tax Credits ,
Wages