Members of Congress Ask for Expedited Rules on Section 45Z
Many members of Congress wrote to Secretary Janet Yellen asking for expediated guidance on Section 45Z.
Section 45Z fuel credits will start in January 2025. However, the rules and guidance on these credits still has not been issued by the IRS. The actual Code indicates the guidance “must” be issued by January 1, 2025; however, farmers need to know how to plant their crops for 2025 which will involve tillage and other processes this year.
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