Energy industry

A Treasury Department decision due next week threatens to undermine the financial viability of hundreds of planned clean energy projects.

Earmarking and the deficit; next season's outlook; court shows and the IRS; and other highlights from our favorite tax bloggers.

Eliminating federal incentives threatens to upend the U.S. energy industry by hampering the rollout of wind and solar.

The sweeping $3.4 trillion fiscal package is already creating opportunities for segments of the energy and climate industries that had fallen out of favor.

Solar and wind projects that already had been pared back by Trump's $3.4 trillion budget bill designed to end green energy incentives.

The Senate's passage of legislation to eliminate incentives for clean energy means homeowners likely have until the end of the year before costs soar.

The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating taxable income.

The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax mega bill passed by the House.

The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.

The bill would end clean electricity tax credits for sources like wind and solar starting in 2029 and require projects to begin construction within 60 days.

The move would constitute "a complete death" for energy projects that rely on global supply chains for solar cells, magnets, batteries and other materials.

Key Senate Republicans are resisting the House's plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies and nuclear power.

The plan mandates the sale of dozens of parcels totaling more than 11,000 acres (4,450 hectares) of federal land in Utah and Nevada.

House Republicans plan to raise more than $15 billion in revenue through lease sales, as well as other measures, to help pay for the massive tax cut package.

Accountants can transform renewable energy incentives from the Inflation Reduction Act into a strategic financial opportunity for their clients.

The Trump administration has been rapidly backing away from the various green energy tax incentives offered under the Biden administration.

A $400 billion green bank for clean energy projects and a consumer tax credit for electric vehicles are being reviewed under a government-wide spending freeze.

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.

Entities that co-own clean energy projects can access clean energy tax credits through elective pay, according to the IRS.

If your clients thinking of buying an electric car or an energy-saving heat pump eligible for federal tax credits and rebates, now might be the time.