Insights & Resources

The IRS issued proposed regulations on the application of the federal Superfund Tax that address a number of issues surrounding the imposition of the tax.

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.

Texas businesses (travel, tourism & hospitality) impacted during the pandemic can still claim a one-time grant under the Texas Travel Industry Recovery Grant Program.

The California Franchise Tax Board extended the tax filing deadline to October 16, 2023 for individuals and businesses in response to winter storms in the state.

In the March 6 Internal Revenue Bulletin the IRS issued a statement on export tax for oil spills. Find out more about this notice and how taxpayers are affected.

In a recent decision, the First District Court of Appeals in Illinois held that book-out transactions are transfers of ownership of fuel and are subject to tax.

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

The California Franchise Tax Board has granted a one-year extension for tax capital reporting conformity. Learn more about reporting capital accounts.

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.