The IRS and Treasury released proposed regulations with respect to prevailing wage and apprenticeship requirements for clean energy tax incentives.
Treasury and the IRS have released final regulations and a revenue procedure providing guidance on program under section 48(e).
Residential construction sees a favorable long-term outlook despite ongoing challenges affecting the housing market.
For common control leases, the FASB is drafting amendments to simplify determining whether a lease exists, the classification of the lease, and accounting for leasehold improvements.
Tax changes in the Inflation Reduction Act could affect middle market businesses despite targeting large corporations and high-income individuals.
Despite a roller-coaster ride, lumber prices are still significantly higher than they were before the pandemic.