Insights & Resources

Undyed diesel fuel that is exempt from the Florida fuel tax by way of refund is subject to the Florida sales and use tax, a Florida administrative court found.

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.

Proposed Treasury regulations offer guidance on transferring IRA green credits with significant limitations on how credits will be treated for certain taxpayers.

Federal financial institution regulatory agencies updated their existing guidance on liquidity risks and contingency planning for depository institutions.

The law, which takes effect Sept. 1, 2023, offers greater clarity for Bitcoin mining companies that use stranded and flared natural gas to power their operations.

Those applying for the Qualifying Advanced Energy Project Credit must use the DOE eXCHANGE portal. It is now open for business. Contact Weaver if you have questions.

Financial institutions commonly consider investment securities and wholesale sources to be their funding sources. Learn how examiners are challenging this.

The IRS released guidance on the prevailing wage & apprenticeship requirements for increasing the amount of many IRA credits and the deduction under IRC § 179D.

With the collapse of SVB, it is helpful to understand and think about the actions your financial institution may want to take to mitigate enterprise risk.

The IRS has issued Notice 2023-38 providing guidance on the domestic content requirements. Learn more about the specific requirements for a taxpayer.

Weaver is closely following the IRS and Treasury Department’s activities to issue further guidance on IRA clean energy credits and incentives.

Bank failures, inflation and uncertainty means examiners are scrutinizing liquidity and interest rate risk management practices at institutions.