The Internal Revenue Service ("IRS") has issued Notice 2025-42 to implement the One Big Beautiful Bill Act ("OBBBA") mandate to phase out the clean electricity production tax credit (§ 45Y) and investment tax credit (§ 48E)...more
8/19/2025
/ Clean Energy ,
Construction Project ,
Energy Projects ,
Federal Budget ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
New Guidance ,
One Big Beautiful Bill Act ,
Production Tax Credit ,
Regulatory Reform ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Trump Administration ,
Wind Power
The One Big Beautiful Bill Act (the “OBBBA”), which was passed on July 4, 2025, included several changes to the energy tax credits introduced and expanded by the Inflation Reduction Act of 2022 (the “IRA”). The key changes to...more
8/4/2025
/ Clean Energy ,
Climate Change ,
Electric Vehicles ,
Energy Policy ,
Energy Tax Incentives ,
Environmental Policies ,
Federal Budget ,
Foreign Entities ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
New Legislation ,
One Big Beautiful Bill Act ,
Renewable Energy ,
Tax Credits ,
Tax Policy ,
Tax Reform ,
Trump Administration
Signed into law on July 4, 2025, the One Big Beautiful Bill Act (the "Act") permanently extends and modifies several cornerstone provisions of the Tax Cuts and Jobs Act of 2017, restores key business incentives, and makes...more
7/17/2025
/ Business Taxes ,
EBITDA ,
Federal Budget ,
Internal Revenue Code (IRC) ,
Investment Opportunities ,
Investors ,
IRS ,
Low Income Housing ,
New Legislation ,
One Big Beautiful Bill Act ,
Opportunity Zones ,
Real Estate Transactions ,
REIT ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Planning ,
Tax Reform ,
Trump Administration