Thought Leadership Filter

Thought Leadership

IRS Releases Proposed Updates to Investment Tax Credit Definitions

IRS Releases Proposed Regs for Investment Tax Credits

On November 17, 2023, the Department of the Treasury released proposed regulations on the Investment Tax Credit that would amend the regulations for the investment tax credit (ITC) under IRC Section 48 including types of eligible property. The proposed regulations were published in the Federal…

Learn More

Energy Evolution, Episode 2

Energy Evolution, Episode 2

On this episode of Energy Evolution, our hosts discuss the biogas industry and tax credits that can be obtained.

 

For information or assistance, contact us. We are here to help.

©2023

Detailed Description of Weaver's Energy Evolution, Episode 2…

Learn More

Parallels Between Bitcoin Mining and Upstream Exploration

Parallels Between Bitcoin Mining and Upstream Exploration

Featured in NAPE Magazine, Weaver’s Tim Savage, Partner, Tax Services, has a Q&A with Giga Energy’s, Brent Whitehead, on the similarities of bitcoin mining and oil and gas exploration activity. The two discuss comparisons between upstream production and bitcoin mining as well as the…

Learn More

Now Open For Business - Department of Energy eXCHANGE Portal

Now Open for Business: Department of Energy eXCHANGE Portal

The DOE eXCHANGE portal for Qualifying Advanced Energy Project 48C Credit Program is now open. Projects applying for the first allocation round of $4 billion of the Qualifying Advanced Energy Project Credit (Section 48C) investment credit must use this portal, or any successor portal, to…

Learn More

Summary of IRS Guidance on Domestic Content Requirements

Summary of IRS Guidance on Domestic Content Requirements

The IRS has issued Notice 2023-38 providing guidance on the domestic content requirements for the additional bonus credit amount of up to 10% for Investment Tax Credit (ITC) or Production Tax Credit (PTC) qualified facilities, energy projects or energy storage technologies. 

For…

Learn More