IRS regulations
-
What are the eligibility requirements for used electric vehicle tax credits
The eligibility requirements for the used electric vehicle (EV) tax credit under the feder…
-
What are the recent changes to the tax code regarding energy storage projects
Recent changes to the tax code regarding energy storage projects primarily involve new tax…
-
What third-party documentation is typically required to support tax credit eligibility
To support tax credit eligibility, third-party documentation typically includes several ty…
-
How can I verify that the tax credit is applied correctly in the lease agreement
To verify proper application of tax credits in lease agreements, follow these key complian…
-
Which EV manufacturers are most likely to meet the North American assembly requirement
To meet the North American assembly requirement for electric vehicle credits, both the veh…
-
Are there any restrictions on which tax credits can be transferred
Yes, there are restrictions on which tax credits can be transferred. The Inflation Reducti…
-
Can I claim the used EV tax credit if I purchased the vehicle from a private seller
You cannot claim the federal used electric vehicle (EV) tax credit if you purchased the ve…
-
How do the “dual-use property” restrictions impact energy storage tax credits
The “dual-use property” restrictions historically limited the ability to claim…
-
Are there any specific challenges tax-exempt entities face when using direct pay
Challenges with Direct Pay for Tax-Exempt Entities Timing and Cash Flow: Direct pay reimbu…
