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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. ....
On April 4, 2023, the Internal Revenue Service and the Department of the Treasury published Notice 2023-29, Energy Community Bonus Credit Amounts under the Inflation Reduction Act of 2022. ....
Summary - On April 4, 2023, the Department of the Treasury and the Internal Revenue Service (IRS) released guidance on the “energy community” tax credit adders (EC Adders. ....
Initial guidance for the bonus credit amount for renewable energy projects located in “energy communities” answers numerous questions about how to prove a project qualifies for extra. ....