Insights & Resources

The IRS has issued guidance on new sustainable aviation fuel tax credits that take effect on January 1, 2023. The guidance, Notice 2023-06, includes the following:

During the recent Accounting and SEC Update webinar, Weaver professionals discussed the regulatory, accounting and reporting issues that public companies are facing.

Find out why green banks offer excellent opportunities for financing clean energy projects in both the public and private sectors.

During the recent Accounting and SEC Update webinar, Weaver professionals discussed the regulatory, accounting and reporting issues that public companies are facing.

The IRS has published Superfund tax rates for 121 taxable substances subject to the tax under section 4671 of the Internal Revenue Code.

In recent months, a number of states have enacted legislation to temporarily suspend the motor fuels tax. Weaver will monitor these actions and update this post regularly.

The SEC proposed new regulations to establish disclosure requirements for funds and advisers that market themselves as having an ESG focus.

The Fifth Circuit Court of Appeals and the U.S. Court of Federal Claims held that the blends of butane and gasoline would not be eligible for the alternative fuel mixture credit.

Taxpayers who are required to obtain a "G" registration under the reinstated Superfund Tax are impacted by recent IRS guidance on registration for certain Form 637.

On March 21, the Securities and Exchange Commission (SEC) announced proposed rule changes that would require a domestic or foreign registrant to include certain climate-related information in its registration statements and periodic reports, such as on Form 10-K.

As a reminder to suppliers and distributors of motor fuel: many states issue licenses that must be renewed periodically rather than being effective for a continuous period until canceled. The licenses in the table below have renewal requirements. Licensees should receive a renewal notification from the state tax authorities prior to the renewal date.

The SEC’s Division of Corporate Finance has posted a “Sample Letter to Companies Regarding Climate Change Disclosures.”