US IRS Publishes New Tax Credit Guidance on Renewable Energy
The U.S. Internal Revenue Service (IRS) has published new tax credit guidance on renewable energy just weeks after the Trump administration accelerated the expiration of numerous green energy-related tax credits via a massive spending and tax bill, plunging the domestic green energy space into crisis. Dubbed the Big Beautiful Bill, the spending legislation set the expiration date for most green energy subsidies and tax credits to August, effectively bringing America's renewable energy tax credit program to a sudden close. The IRS is now releasing new tax credit guidance to help the green energy sector navigate the new, post-Big Beautiful Bill…
