Prevailing wage and apprenticeship requirements for IRA benefits are out

The Treasury and IRS have released guidance on how to satisfy the prevailing wage and apprenticeship requirements for enhanced tax benefits under the Inflation Reduction Act, to go into effect January 30, 2023. Their documentation states what constitutes a prevailing wage and the determination of qualified apprenticeships with accompanying examples. Check out SPW’s coverage on it for more details. PV Mag offers a very nice deep dive.