IRS INVITES COMMENTS ON SECTION 48C NOTICE
The Internal Revenue Service (IRS) today invites comments from the public about NOT 110859-09, Qualifying Advanced Energy Project Credit. This notice establishes the qualifying advanced energy project program created by the Recovery Act under Section 48C of the Internal Revenue Code. The notice also announces an initial allocation round of the qualifying advanced energy project credit to qualifying projects under the advanced energy program. No changes are being made to the notice at this time; the invitation to comment was issued as part of the Treasury Department’s continuing effort to reduce paperwork and respondent burden as required by the Paperwork Reduction Act of 1995. Comments will be accepted through November 23, 2009. Click here for a copy of the invitation to comment.