The IRS has issued Notice 2022-61 (Notice) which imposes guidance around several new requirements to obtain the many energy efficient tax breaks extended by the Inflation Reduction Act (IRA). Requirements to pay prevailing wages and offer apprenticeship programs do not apply for projects that have “begun construction” within 59 days of the guidance released on Nov. 30, 2022.
In this video you’ll learn about the new guidance and how it may impact your project, including:
For more information or to learn how Baker Tilly specialists can help, reach out to your Baker Tilly professional or contact our team.