IRS Green Energy Tax Credit Notice Provides Needed Clarity

By Casey August and Paul Gordon (April 10, 2023, 5:17 PM EDT) -- The Internal Revenue Service and the U.S. Department of the Treasury released Notice 2023-29 on April 4, establishing rules for testing an applicable green energy facility's eligibility for a bonus federal income tax credit amount, or adder, attributable to being located in an energy community as enacted under the Inflation Reduction Act....

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