E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.
JD Supra2d
Treasury and IRS Release Final Hydrogen Production Tax Credit Regulations
On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...
Oklahoma's oil fields could be key to remedy carbon emissions
Researchers plan to study whether carbon can be stored underground in the oil fields of Osage and Kay counties.
The Herald-Standard4d
Owners get tax boost on oil, gas royalties
Tax time is ahead, and Pennsylvania landowners with oil and gas rights can look forward to a new deduction. State Senate Bill ...
energy.economictimes.indiatimes5d
ATF may soon come under GST, natural gas inclusion also on cards: Puri
This move could significantly reduce the cost burden on airlines, as ATF constitutes nearly 40 per cent of their operational ...
JD Supra5d
Department of the Treasury and the Internal Revenue Service Issue Final Regulations on Section 45V Clean Hydrogen Production Tax Credit
On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...
pv-magazine-usa5d
The rise of transferable tax credits in clean energy finance
Transferable tax credits offer a flexible, market-driven solution that complements traditional financing options.
Opinion
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...