Insights & Resources

To enjoy the full benefits of the 45Z tax credit for clean fuel, producers should consider five key points. Here’s what you need to know.

Welcome to Weaver’s Specialty Tax Services quarterly newsletter. This newsletter covers the top issues across our Specialty Tax Services, including State and Local Taxes (SALT), Fixed Assets, Transaction Tax Advisory, Tax Provisions, Tax Credits, International Taxes and Motor Fuel Taxes.

The IRS has recently received considerable funding. We explore the IRS’ policies and priorities that will guide how those funds will be utilized in the future.

The IRS has issued guidance on the registration requirements for producers under the Clean Fuel Production Credit in IRC § 45Z, which begins on January 1, 2025.

Discover how the Inflation Reduction Act of 2022 boosts tax deductions for energy efficient commercial buildings with major incentives reaching up to $5 per sq. ft.

Accounting for CCS projects is a nuanced challenge, especially concerning lease considerations under ASC 842. This article aims to illuminate these complexities.

The IRS guidance is for hydrogen producers whose hydrogen production pathways are not included in the 45VH2-GREET model.

Counties can impose surcharge when pipeline companies claim IRC Section 45Q carbon capture & sequestration tax credit on pipelines passing through their jurisdiction.

The IRS guidance provides additional safe harbors for calculating the lifecycle greenhouse gas emissions reduction percentage, including the use of an approved QAP.

Treasury and IRS have issued proposed regulations to implement the new Section 45X advanced manufacturing production tax credit.

The first update since 1987 reflects technological advances in the energy industry and defines certain energy property added as part of the Inflation Reduction Act.

The IRS issued Notice 2023-65 on September 27, 2023, providing additional guidance on the §45L New Energy Efficient Home Credit. Learn more on this notice & credit.