Treasury Department, IRS, propose expansion of clean energy tax credits
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Aug. 30 (UPI) -- The Treasury Department and the IRS Friday presented proposed rules that would expand clean energy tax credits to low-income communities. The proposed rules would create a new Low-Income Communities Bonus Credit Program, a bonus tax credit within the Clean Electricity Low-Income Communities Bonus Credit Program created by the Inflation Reduction Act. Advertisement "The Low-Income Communities Bonus Credit Program is the most significant tax incentive in U.S. history to promote
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