IRS PLR: Private Foundation Set Aside Request for Renovation, Construction Project Approved (IRC §4942)
The IRS has published a private letter ruling on Section 4942, granting the taxpayer’s set-aside request. The taxpayer, a tax-exempt private foundation formed under a trust agreement and operating ...
JD Supra15h
Final Section 45V Clean Hydrogen Production Tax Credit Regulations Issued
On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final ...