 internal revenue service IRS tax news IRS asks for comments on upcoming energy guidance oh I've got some suggestions about our energy policy yeah how about we start building some power plants you that actually work by working I mean they actually create power efficiently and cost effectively instead of being like some kind of political marketing sham how about we stop pretending it's virtuous to quit producing energy while still consuming it how about we become energy independent how about we accept fossil fuel from friendly countries like Canada instead of making ourselves dependent on unfriendly countries pretending we can get by without fossil fuels all together at this point in history newsflash we can't we're not there yet once again claiming that our unhealthy codependent relationship with hostile oil rich countries is somehow virtuous well becoming energy independent somehow wrong how about we stop listening to politicians spouting empty shallow platitudes about energy policy without having any inkling of the complexity of the topic ignoring for example its relationship to the economy foreign policy and national defense how about every time we hear a politician say something stupid about energy policy blaming the local gas station for example we call out that politician for creating a straw man and lying those are some ideas I got I got lots I got lots more where those came from to case you're interested but in case first and attempt at a joke my cousin was convinced that inflation was gonna rob us all of everything any second now making our money as worthless as if stolen by a petty pickpocket right out of our hands so he took action quickly handing me something and I was like what's this he said it's the thousand dollars I owe you honestly I can't decide if his action was better or worse than him actually waiting until the thousand dollars was really worth less than a moldy raisin before then giving it to me that's worth less than a penny but whatever whatever economics let me tell you a little story fine I am trying to tell the story I are 2022-172 October 5th 2022 Washington the Internal Revenue Service today issued six notices asking for comments on different aspects of extensions and enhancements of energy tax benefits in the inflation reduction act the inflation reduction liars I swear the goal of some of these politicians you know they put together a bill for specific goals and then they name it something completely different and like they have they have absolutely no shame in it at all it doesn't but any case it's the IRS anticipates that constructive comments from interested parties will aid the agency in drafting the guidance items most reflective of the needs of taxpayers entitled to claim energy credits you've got notice 2022-46 there's a link to that here you can check it out request comments on credits for clean vehicles notice 2022-47 request comments on energy security tax credits for manufacturing you've got notice 2022-48 request comments on incentive provisions for improving the energy efficiency of residential and commercial buildings notice 2022-49 request comments on certain energy generation incentives notice 2022-50 request comments on elective payment of applicable credits and transfers of certain credits you got notice 2022-51 request comments on prevailing wage apprenticeship domestic sent content and energy community requirements the IRS is requesting that those interested in providing feedback to the questions in the notices follow instructions in the notices to reply by November 4th 2022 so you can give them your your comments on that here there's links to those items you can check out you can check them out and see what you think so there'll be a link to this in the description