May 31, 2023 IRS modifies and clarifies guidance on claiming tax credits for qualifying advanced energy projects In Notice 2023-44, the IRS provides additional guidance clarifying and modifying Notice 2023-18 (see Tax Alert 2023-0308), which established the IRC Section 48C(e) program to allocate $10b in credits for investments in eligible qualifying advanced energy projects. The new guidance also includes an appendix, listing energy community census tracts. A Tax Alert is forthcoming. Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor | ||||