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IRS Updates Energy Community Bonus Tax Credit Guidance | Holland & Knight LLP

The IRS released additional guidance on June 7, 2024, in the form of Notice 2024-48 (Notice) regarding the energy community bonus credit under Sections 45, 48, 45Y and 48E of the. ....

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IRS Released New Guidance Regarding The 'Energy Community Adder' - Renewables

On March 22, 2024, the IRS released new guidance1 regarding the "energy community adder." The energy community adder increases the amount/rate one can receive under the investment tax credit. ....

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Treasury and IRS Release Additional Guidance on Energy Community Enhancements Under IRA | Troutman Pepper

On June 15, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2023-45 and Notice 2023-47. Notice 2023-45 clarifies requirements for a brownfield. ....

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Inflation Reduction Act: New Guidance On Energy Communities Bonus Credits - Government Contracts, Procurement & PPP

The Inflation Reduction Act of 2022 (the IRA) amended the rules relating to the production tax credit (the PTC) and the investment tax credit (the ITC) to provide increased credit amounts. ....

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US Treasury To Propose Regulations On Energy Community Bonus Credit - Oil, Gas & Electricity

On April 4, 2023, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released a notice of intent to issue proposed regulations on qualifying for the energy community bonus credit. ....

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