To maintain eligibility for these Clean Energy Tax Credits, projects must officially begin construction by July 4, 2026. [...]
Distributions of trust income could have the effect of shifting income from the high-tax-bracket trust to the lower-tax-bracket beneficiary in many cases.[...]
On September 30th, as required by Executive Order 14247, the IRS began moving towards electronic payments - both refunds TO and payments FROM taxpayers.[...]
As part of the recently passed OBBBA, several federal clean energy tax credits for businesses are set to expire or change significantly in the coming years.[...]
As part of the recently passed OBBBA, several federal clean energy tax credits for individuals are set to expire by the end of 2025.[...]
While the OBBBA makes permanent numerous tax breaks, it also eliminates several others, including some that had been scheduled to resume after 2025.[...]
OBBBA could have a major impact on tax-exempt organizations, including many country clubs, considering large energy tax incentive projects.[...]
