By Natalie Grumhaus The IRS officially broke its silence this week on the status of the millions of outstanding ERC claims. While the old adage of “no news is good news” may still ring true for some, having a little clarity on the process going forward is a welcome...
By Andrew Nlemadim As part of ambitious clean energy initiatives, the Domestic Content Bonus Credits provided by the Inflation Reduction Act (IRA) represent a significant opportunity to enhance renewable energy projects further. If your clients include manufacturers...
The Qualifying Advanced Energy Project Credit (48C) Program By Barry Devine Round 2 for the 48C has been announced!! “The DOE section 48C portal will open no later than May 22, 2024, for taxpayers to submit a concept paper and begin the process of seeking a section...
In an era where clean energy and sustainability are at the forefront of industrial development, the U.S. Department of Treasury and Internal Revenue Service have announced pivotal updates that promise to influence the landscape of energy project financing...
By Natalie Grumhaus For the last few years, anyone can tell you how miserable and unnecessarily lengthy IRS audits can be. Even the IRS has acknowledged this and, in an effort to streamline processes and enhance the taxpayer experience, it is pioneering a new...
By Marlon Stepp Despite all the gloom and doom predictions for commercial real estate, two-thirds of the world’s total building area today will still exist in 2040. Buildings generate nearly 40% of annual global CO2 emissions. Without widespread building...
