October 2022
The Inflation Reduction Act (IRA) became law in August 2022, and the country is only beginning to adjust to its impact. The new law includes a wide array of tax incentives for clean energy and “green” technologies. An interesting feature of the IRA is that it makes tax credits available not only to individuals and businesses but also to tax-exempt organizations. This includes entities in the public sector, such as public utilities, schools and universities and state and local governments.
