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Finanse publiczne · 30/08/2023

IRS Proposes Increased Credit or Deduction Amounts for Satisfying Prevailing Wage and Registered Apprenticeship Requirements

The Internal Revenue Service (IRS) has proposed new regulations that would allow taxpayers to claim increased credit or deduction amounts for satisfying prevailing wage and registered apprenticeship requirements established by the Inflation Reduction Act of 2022. The proposed rules would apply to taxpayers seeking to claim increased Federal income tax credits or deductions for prevailing wage requirements without associated apprenticeship requirements.

Source: Federal Register — Department of the TreasuryOpen original release →