IRS, Treasury Finalize New Rules to Expand Access to Clean Energy Tax Credits
Biden administration’s new tax credit rules aiming to ‘accelerate the transition to a greener economy’ take effect on Jan. 19, 2025. The Internal Revenue Service (IRS) and the U.S. Treasury Department have announced new rules to broaden access to tax credits for certain types of co-owned projects, with the aim of accelerating the buildout of