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Take Advantage of New Section 45L Tax Credit Opportunities Under IRA

Cherry Bekaert

Changes to 45L In the IRA, the 45L tax credit was extended through 2032, with changes to qualifying standards beginning in 2023 when the credit transitions to the Energy Star criteria. Key 45L Updates: Beginning in 2023, new homes certified under the Energy Star programs are eligible for a $2,500 tax credit.

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