The proposed rules for monetizing tax credits should catalyze energy transition markets and offer an alternative to tax equity transactions.
On June 14, 2023, the IRS issued proposed rules for how it intends to administer...more
IRS Notice explains how a renewable energy project may qualify for bonus tax credits by using American-made components.
Key Points:
..All project components made primarily of steel or iron that perform a structural...more
5/22/2023
/ Batteries ,
Buy America ,
Energy Projects ,
IRS ,
Lithium Batteries ,
Made in the USA ,
Proposed Rules ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Wind Power
Projects that start construction within 60 days from the publication of the Notice are exempt from the requirements.
Key Points:
..Taxpayers now have until January 29, 2023, to start construction on a project to avoid...more
Treasury finalizes rules for key component of tax reform for pass-through trades and businesses.
Key Points:
..The deduction of up to 20% of pass-through trade or business income effectively may reduce the top marginal...more