-
Proposed rules from the Treasury and the IRS would mean nuclear power producers can't tap into credit for producing clean hydrogen.
December 22 -
The IRS is rolling out a voluntary disclosure program to let businesses pay back Employee Retention Credits they claimed in error.
December 21 -
The U.S. has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there's a clear divide for miners and processors.
December 14 -
High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.
December 14 -
Tax credits and incentives advisory firm ETS has scored a minority investment from a venture services firm.
December 12 -
The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.
December 8Wolters Kluwer Tax & Accounting North America -
The Internal Revenue Service is continuing to combat scammers and promoters encouraging businesses to file claims for the tax credit.
December 6 -
The rules, which aren't finalized, include measures sought by environmentalists that would require hydrogen-production operations to be powered by wind, solar or other clean-power projects built within the last three years to qualify for a $3-per-kilogram credit.
December 5 -
The guidelines set a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
December 1 -
The Biden administration has discussed granting automakers a temporary reprieve from new rules poised to limit a consumer tax credit, a Michigan senator said Tuesday.
November 29