On July 4, 2025, US President Donald Trump signed into law a budget reconciliation bill known as H.R.1: the One Big Beautiful Bill Act (OBBBA). The OBBBA generally accelerated phase-outs to the Inflation Reduction Act of 2022...more
7/8/2025
/ Clean Energy ,
Energy Projects ,
Energy Tax Incentives ,
Federal Budget ,
Foreign Entities ,
Foreign Investment ,
Inflation Reduction Act (IRA) ,
New Legislation ,
Renewable Energy ,
Tax Credits ,
Trump Administration ,
U.S. Treasury
The Internal Revenue Service (IRS) has released its annual update to the list of energy communities eligible for the energy community bonus tax credit. Released as Notice 2025-31, the guidance updates...more
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 8, 2024 – January 12, 2024....more
1/17/2024
/ Corporate Taxes ,
Exemptions ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Revenue Procedures ,
Tax Credits ,
Tax Deductions ,
Tax Planning ,
Tax Reform ,
Tax Refunds ,
Tax Returns
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 1, 2024 – January 5, 2024. ...more
1/10/2024
/ Business Taxes ,
Corporate Taxes ,
Dealers ,
Income Taxes ,
IRS ,
Revenue Procedures ,
Sellers ,
Tax Credits ,
Tax Planning ,
Tax Preparers ,
Tax Reform ,
Tax Refunds
On December 22, 2023, the Internal Revenue Service (IRS) published long-awaited proposed regulations for hydrogen tax credits under Internal Revenue Code (Code) Sections 45V and 48. The proposed regulations address many...more
1/8/2024
/ Clean Energy ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Proposed Regulation ,
Regulatory Agenda ,
Regulatory Reform ,
Tax Credits