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KPMG report: What’s new in energy credits for 2026

Discussion of key issues relating to energy credits for 2025 tax filing season

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January 12, 2026

Several of the clean energy tax credits enacted and amended by the Inflation Reduction Act (IRA) took effect in 2025, and Pub. L. No. 119-21 (the “One Big Beautiful Bill Act” (OBBBA)) and guidance released thereunder have made immediate changes to many of these credits.

Read a January 2026 report prepared by KPMG LLP that discusses key issues, such as accelerated credit terminations and phaseouts, prohibited foreign entity rules, and other rules introduced by OBBBA, along with issued and expected guidance relevant to the 2025 tax filing season. 

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