The Inflation Reduction Act of 2022 added the Section 45X Advanced Manufacturing Production Credit (Section 45X) to the Internal Revenue Code of 1986, as amended. Section 45X provides a credit against federal income tax for...more
The Section 30C Alternative Fuel Vehicle Refueling Property Credit (the “Section 30C Credit”) provides a credit against federal income tax for eligible costs of qualified alternative fuel vehicle refueling property. The...more
The Alternative Fuel Vehicle Refueling Property Credit available under Section 30C of the U.S. Internal Revenue Code of 1986, as amended (the “Code” and such credit, the “Section 30C Credit”), was originally enacted by the...more
9/27/2024
/ Alternative Fuels ,
Automotive Industry ,
CDFI Fund ,
Census Bureau ,
Eligibility ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Motor Vehicles ,
NMTC ,
Proposed Regulation ,
Regulatory Agenda ,
Tax Credits ,
Tax Exempt Entities ,
Tax Reform ,
U.S. Treasury
The Inflation Reduction Act of 2022 brought about modifications to the clean vehicle tax credit available under Section 30D of the U.S. Internal Revenue Code of 1986, as amended (the “Code” and such credit, the “Clean Vehicle...more
The Inflation Reduction Act of 2022 made significant modifications and additions to the energy credit available under Section 48 of the U.S. Internal Revenue Code of 1986, as amended (the “Code” and such credit, the “Section...more
The Internal Revenue Service and Treasury Department have issued long-awaited Proposed Regulations for parties that will be required to report transactions involving digital assets. These newly identified parties will need to...more
The Internal Revenue Service and Treasury Department have issued long-awaited Proposed Regulations for parties that will be required to report transactions involving digital assets. These newly identified parties will need to...more
9/15/2023
/ Bitcoin Mining ,
Brokers ,
Comment Period ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Digital Wallets ,
FIFO ,
Internal Revenue Code (IRC) ,
IRS ,
Non-Fungible Tokens (NFTs) ,
Payment Processors ,
Proposed Regulation ,
Regulatory Requirements ,
Reporting Requirements ,
Retailers ,
Software ,
Trading Platforms ,
Transaction Fees ,
U.S. Treasury