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IRS Proposes Prevailing Wage and Apprenticeship Regulations

By Durham McCormick, Jon Neal & Sabrina A. Beldner on August 30, 2023
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On Aug. 29, the U.S. Department of the Treasury and the IRS proposed regulations and new guidance regarding the prevailing wage and apprenticeship (PWA) prerequisites associated with eligibility for full-value clean energy tax credits under the Inflation Reduction Act. Read on for an overview of the rules and guidance, which provide more certainty and greater flexibility in applying the PWA rules.

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Photo of Durham McCormick Durham McCormick
Read more about Durham McCormickEmail
Photo of Jon Neal Jon Neal

Jon advises businesses and their owners on a broad range of corporate, partnership and international tax planning and transactional matters, including cross-border mergers, joint ventures, acquisitions, divestitures, restructurings and financings.

Read more about Jon NealEmail
Photo of Sabrina A. Beldner Sabrina A. Beldner

As chair of the firm’s labor and employment practice, Sabrina represents employers in all aspects of traditional labor law and employment-related litigation. Her broad practice consists of representing employers in wage and hour class, collective and representative actions and state and federal litigation…

As chair of the firm’s labor and employment practice, Sabrina represents employers in all aspects of traditional labor law and employment-related litigation. Her broad practice consists of representing employers in wage and hour class, collective and representative actions and state and federal litigation of wrongful termination, discrimination, harassment, retaliation, FMLA/CFRA, ERISA, Unruh Act and unfair competition/trade secret claims.

Read more about Sabrina A. BeldnerEmail
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  • Posted in:
    Tax
  • Blog:
    Lights On
  • Organization:
    McGuireWoods LLP

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