By Jeffrey A. Redband, Staff Accountant The One Big Beautiful Bill (OBBB) brought sweeping changes to the U.S. tax code, which included a significant overhaul to the energy-related tax incentives that were enacted as part of the Inflation Reduction Act of 2022. The bill curbs many energy incentives available to both individuals and businesses by […]
The Inflation Reduction Act of 2022 extended and expanded many energy tax incentives. This article will focus on energy credits available to individuals for making qualified energy efficient or clean energy home improvements. Beginning January 1, 2023 and continuing through December 31, 2032, the Energy Efficient Home Improvement Credit provides a credit equal to 30 […]