The direct pay rules permit certain entities to receive a direct payment of certain tax credits. Eligible entities include tax-exempt organizations, states, and political subdivisions such as local ...

The Inflation Reduction Act of 2022 added Section 6417 to the Internal Revenue Code of 1986, as amended (the “Code”). Under this new section, certain taxpayers may make an elective payment, which will ...

Direct vet pay means your veterinary clinic or animal hospital is paid directly by your pet insurer rather than you paying out of pocket before being reimbursed. Not all vet clinics accept direct ...

As part of the Inflation Reduction Act of 2022, P.L. 117-169, passed in August 2022, hundreds of billions of dollars in governmental funding and costs were allocated to energy and climate initiatives.

To fully realize the potential of direct pay and maximize the deployment of clean energy tax credits, the Treasury and IRS must make the program as accessible as possible. The Inflation Reduction Act, ...