IRS

On August 30, 2023, the Internal Revenue Service (IRS) published a long-awaited proposed rule on the prevailing wage and apprenticeship (PW&A) provisions attached to many of the clean energy tax incentives introduced by the Inflation…

On August 29, 2023, the Department of the Treasury and the Internal Revenue Service (IRS) published proposed rules that would require brokers to report information on sales and exchanges of cryptocurrency and other digital assets. The…

On June 21, 2023, the Internal Revenue Service proposed regulations regarding the implementation of the elective payment provisions of the advanced manufacturing investment credit. On August 14, 2023, the Office of Advocacy (Advocacy)…

On June 21, 2023, the Internal Revenue Service (IRS) published proposed regulations that provide guidance regarding the implementation of the elective payment provisions of the advanced manufacturing investment credit. The credit was added…

On April 17, 2023, the Internal Revenue Service (IRS) published proposed regulations detailing the requirements taxpayers must meet to qualify for a tax credit related to each new clean vehicle purchased and placed into service. The…

On March 29, 2023, the Internal Revenue Service (IRS) published proposed regulations regarding the reinstated Superfund chemical excise taxes. The excise taxes, which are imposed on the sale or use of certain chemicals and certain imported…

On November 30, 2022, the Internal Revenue Service published a notice of initial guidance (Notice 2022-61) regarding prevailing wage and apprenticeship requirements applicable to certain energy tax incentives found in the Internal Revenue…

On November 30, 2022, the Internal Revenue Service (IRS) published Notice 2022-61, which offers preliminary guidance on the prevailing wage and apprenticeship (PW&A) provisions attached to certain clean energy tax incentives introduced…

On November 3, 2022, the Internal Revenue Service (IRS) issued three notices requesting public comment on selected energy tax benefits found in the Inflation Reduction Act, Pub. L. 117-169 (IRA). The comments received will help inform…

On October 5, 2022, the Internal Revenue Service issued six notices requesting public comment on specified elements of the clean energy tax incentives found in the Inflation Reduction Act (Pub. L. 117-169). The agency requests comment…