The Inflation Reduction Act of 2022 added Section 6418 to the Internal Revenue Code (the “Code”) to allow taxpayers to sell certain Federal income tax credits. These tax credits include: production ...
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under the Internal Revenue Code (Code), established by the ...
The IRS issued final regulations (T.D. 9995) Friday for new and previously owned clean vehicle credits, including rules for how buyers can transfer credits for such vehicles to registered dealers at ...
The U.S. Department of the Treasury and the IRS unveiled the final rules for the federal electric vehicle tax credit, a key step in the Biden administration’s plan to accelerate the adoption of ...
Fans are wondering if they need to stay for a post-credits scene. Many fans linger around through the credits of blockbuster movies to see whether there is an end-credits scene. But is it worth it to ...