Tax regulations

The IRS posted guidance just in the nick of time for some taxpayers on the treatment of research and experimentation expenses under the new tax law.

The Internal Revenue Service has provided guidance on how to deal with the restoration of full expensing of research and development costs under the One Big Beautiful Bill Act.

The OBBBA accelerated the termination of credits for facilities that use wind or solar to produce electricity.

The Internal Revenue Service and the Treasury intend to issue proposed regulations involving the transfer of United States real property interests.

The Internal Revenue Service and the Treasury issued a notice saying they intend to issue proposed regulations withdrawing the DPL rules for multinationals.

We have an impressive new list of these deductions available to taxpayers, whether or not they itemize.

Vestas Wind Systems A/S shares jumped after guidance brought much-anticipated clarity to the rules on how clean energy projects can qualify for tax credits.

The Trump administration tightened long-standing eligibility requirements for clean energy tax credits.

Forms 2290 are due on the last month of the month a truck or applicable vehicle was put in service, according to the IRS.

The institute sent a letter to officials at the Treasury and the IRS asking for immediate guidance on a provision of the One Big Beautiful Bill Act for deducting R&D costs.