The current administration’s whipsaw of imposed and withdrawn tariffs continues to rattle financial markets and industries across the United States.
In New England, annual trade of goods and services with Canada exceeds...more
Recently, the Treasury Department and IRS released final regulations (89 Fed. Reg. 231) on the allocation of partnership recourse liabilities and related-party rules under Section 752 (the Final Regulations). The Final...more
The U.S. Department of the Treasury recently issued proposed regulations to implement the Clean Electricity Low-Income Communities Bonus Program, which was created under the Inflation Reduction Act to incentivize clean energy...more
Proposed tax regulations to be released this year may clarify whether agricultural land contaminated with per- and polyfluoroalkyl substances (PFAS) qualify for a federal tax credit that would incentivize renewable energy...more
9/11/2024
/ CERCLA ,
Energy Projects ,
Energy Tax Incentives ,
Hazardous Substances ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
PFAS ,
Production Tax Credit ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
The Treasury Department and IRS recently issued final regulations on the transfer of certain credits to implement the transferability provisions of the Inflation Reduction Act (IRA), which take effect on July 1, 2024....more
5/23/2024
/ Automated Clearing House (ACH) ,
Energy Tax Incentives ,
Final Guidance ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Regulatory Requirements ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury