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IRS and Treasury Issue Guidance for Solar and Wind Powered Energy Facilities in Low-Income Communities Under the Inflation Reduction Act
March 30, 2024
WASHINGTON, March 30 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following news release on March 29, 2024:

The Department of the Treasury and the Internal Revenue Service today issued Revenue Procedure 2024-19 (https://www.irs.gov/pub/irs-drop/rp-24-19.pdf) to provide guidance for owners of certain solar or wind facilities built in connection with low-income communities.

The guidance issued today provides important clarifying changes to . . .

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