Chester County News and Community Website
WASHINGTON, D.C. — The Internal Revenue Service (IRS) and the Department of the Treasury have recently issued Notice 2024-20, providing crucial guidance on the eligible census tracts for the qualified …
IRS and Treasury Department Issue New Guidance on Alternative Fuel Vehicle Refueling Property Credit Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) and the Treasury Department recently celebrated a significant achievement in the implementation of key provisions in the Inflation Reduction Act. The two …
IRS and Treasury Department Surpass Major Milestone in Clean Energy Tax Credits Implementation Read More
WASHINGTON, D.C. — U.S. Department of Agriculture (USDA) Secretary Tom Vilsack recently announced a $19 million grant award to U.S. business owners. The funding aims to bolster the availability of …
USDA Allocates $19 Million to Boost Biofuel Availability in 22 States, Aiming to Lower Fuel Costs and Strengthen Energy Independence Read More
NextGen America, a prominent youth-focused advocacy group, has unveiled its Ignite the Future website, an innovative educational platform designed to inform young voters about the potential benefits of the Inflation …
NextGen America’s Ignite the Future Website: Fueling Young Voter Engagement and Impact on 2024 Presidential Election Read More The U.S. Department of Agriculture (USDA) is taking a significant step in its fight against climate change, announcing the hiring of 40 Climate Change Fellows to assist with a surge …
USDA to Hire 40 Climate Change Fellows to Boost Clean Energy Funding for Agricultural Sector Read More The Internal Revenue Service (IRS) has unveiled a new Pre-filing Registration Tool designed to assist qualifying businesses, tax-exempt organizations, and governmental entities in leveraging the elective payment or transfer of …
IRS Introduces New Tool to Facilitate Elective Payment and Credit Transfer Elections Read More
The United States Treasury Department and the Internal Revenue Service (IRS) have jointly issued a set of proposed regulations outlining the administration of the tax credit for clean hydrogen production. …
Treasury Department Unveils Proposed Regulations for Tax Credit on Clean Hydrogen Production Read More
U.S. Senator Bob Casey (D-PA) has voiced concerns over the Biden Administration’s proposed rule for the 45V hydrogen production tax credit. The proposed rule, aimed at jumpstarting clean hydrogen production …
Senator Casey Questions Biden Administration’s Proposed Hydrogen Tax Credit Rule Read More
The Treasury Department and the Internal Revenue Service (IRS) have recently issued Notice 2024-06, providing guidance on the new Sustainable Aviation Fuel (SAF) credit. This tax incentive was established by …
Treasury Department and IRS Release Notice for Sustainable Aviation Fuel Credit Read More
The Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has unveiled proposed regulations to guide the implementation of the advanced manufacturing production credit. This credit was …
Treasury Department and IRS Issue Guidelines for Advanced Manufacturing Production Credit Read More