Tax credits

The Internal Revenue Service has updated its frequently asked questions to offer more guidance on what kinds of components can be used in electric vehicles to qualify for tax credits.

The IRS launches a registration tool for clean energy credits, and more guidance on clean hydrogen credits.

A look at the credits, regulations and other tax developments that will shape the coming tax season.

Proposed rules from the Treasury and IRS raise worries that they may stifle the nascent fuel.

Proposed rules from the Treasury and the IRS would mean nuclear power producers can't tap into credit for producing clean hydrogen.

The IRS is rolling out a voluntary disclosure program to let businesses pay back Employee Retention Credits they claimed in error.

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.

High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.

Tax credits and incentives advisory firm ETS has scored a minority investment from a venture services firm.

The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.

The Internal Revenue Service is continuing to combat scammers and promoters encouraging businesses to file claims for the tax credit.

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.

The guidelines set a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.

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.

Proposed regulations from the IRS are generally effective beginning in 2024.

Lots of businesses have claimed the Employee Retention Credit who don't actually qualify for it — and in many cases it's going to be up to their accountants to set them right, says Randy Crabtree.

It's imperative now more than ever that businesses understand how to efficiently manage their sustainability investments.

Taxpayers will now have through Jan. 10, 2025, to fix a refund claim.

The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit, but what about the claims that have been paid out already?

The legislation incentivizes consumers to buy energy-efficient electric appliances, clean vehicles, rooftop-solar and home energy storage systems.