Tax Sound Bytes: All eyes on the IRA’s prevailing wage and apprenticeship requirements
In the latest episode of Tax Sound Bytes, a podcast series from the Tax Practice Group covering issues affecting federal and international tax, Eversheds Sutherland Partners David Blair and Xenia Garofalo explore the Inflation Reduction Act’s proposed regulations regarding prevailing wage and registered apprenticeship requirements with Associate Benje Selan. David and Xenia provide an overview of the proposed regulations, with particular emphasis on how a taxpayer can meet the requirements. They also review the application of the deficiency procedures and the type of information a taxpayer needs to submit to show compliance before they speculate on what’s next.