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Tag: IRS

Treasury and IRS provide guidance for Alternative Fuel Vehicle Refueling Property Credit

Treasury and IRS provide guidance for Alternative Fuel Vehicle Refueling Property Credit

September 25, 2024 |

In Washington, the Department of Treasury and Internal Revenue Service issued proposed regulations to provide guidance for the Alternative Fuel Vehicle Refueling Property Credit. The Inflation Reduction Act amended the credit for qualified alternative fuel vehicle refueling property. The changes apply to qualified alternative fuel vehicle refueling property placed in service after Dec. 31, 2022, […]

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Treasury and IRS propose guidance for claiming 45V Clean Hydrogen Production Tax Credit

Treasury and IRS propose guidance for claiming 45V Clean Hydrogen Production Tax Credit

December 26, 2023 |

In Washington, with its December 22 Notice of Public Rulemaking (NPRM), Treasury and IRS have proposed guidance for claiming the 45V Clean Hydrogen Production Tax Credit established under last year’s Inflation Reduction Act. The move is part of the administration’s broader efforts to support hydrogen and other technologies that will enable the U.S. to cut […]

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