Congress revoked another $20 billion in funding from the IRS — here’s why that’s a problem for all Americans
The consequences could be dire, as Treasury Deputy Secretary Wally Adeyemo warned reporters at the end of November that, “the ...
JD Supra4d
Inflation Reduction Act Guidance: IRS and Treasury Release Final Regulations on the New Tech-Neutral Clean Energy Tax Credits
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
JD Supra5d
Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with First Updated Elective Safe Harbor
On January 16, 2025, the IRS released Notice 2025-08, modifying its prior guidance issued as Notice 2023-38 and Notice 2024-41, for taxpayers ...
Parkersburg News and Sentinel2d
Trump pauses bipartisan infrastructure, Inflation Reduction Act funds
CHARLESTON — West Virginia officials are in contact with the administration of President Donald Trump after an executive ...
The National Interest2d
Internal Revenue Service
As you may have heard, the Inflation Reduction Act, the legislation signed into law by President Joe Biden earlier month, mandates $80 billion in new funding for the Internal Revenue ...
JD Supra4d
Navigating the Inflation Reduction Act: Insights on Brownfield Energy Community Credits - Energy Law Insights
Join Troutman Pepper Locke Partners Karlie Webb and Ben Cowan as they delve into the complexities of the Inflation Reduction ...
Canary Media5d
Trump freezes funding under Inflation Reduction Act and infrastructure law
The pause throws tens of billions of dollars of lawfully designated clean energy funding into uncertainty. It’s likely to ...
Accounting Today9d
Werfel resigns as IRS commissioner
IRS Commissioner Danny Werfel announced plans Friday to resign next Monday, Jan. 20, coinciding with Inauguration Day.
The National Law Review6d
Inflation Reduction Act Domestic Content Bonus Update: IRS Issues Updated Guidance with First Updated Elective Safe Harbor
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