Insights & Resources

The IRS released guidance for determining the beginning of construction of a qualified facility for purposes of the increased IRA credits or deduction.

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

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.

The new credit transfer provision in the Inflation Reduction Act could provide a new opportunity for REITs to invest in properties with solar facilities.

A provision in the Inflation Reduction Act of 2022 permits the transfer of renewable energy tax credits to an unrelated party in exchange for cash.

The Inflation Reduction Act of 2022 provides $369 billion in spending and tax credits over 10 years to expediate the transition to decarbonized energy sources.

By offsetting payroll taxes, the R&D tax credit can be an immediate source of cash for tech companies and others that qualify.

The Inflation Reduction Act includes a new “Advanced Manufacturing Production Credit” to support manufacturers of solar, wind, and battery components.

With relatively minor changes to the tax law in 2022 via passage of the Inflation Reduction Act, traditional year-end planning strategies still apply.

Find out why U.S. multinationals with Australian operations can potentially be subject to double taxation based on Australia’s “hybrid mismatch rules.”