ASAToday for July 3rd, 2025

IRS Guidance on IRA Prevailing Wage and Apprenticeship Provisions On November 30, 2022, the Internal Revenue Service (IRS) published Notice 2022-61, which offers preliminary guidance on the prevailing wage and apprenticeship (PW&A) provisions attached to certain clean energy tax incentives introduced in the Inflation Reduction Act, Pub. L. 117-169 (IRA).  The IRA introduced a two-tier “base” rate…

Sen. Sinema (D-AZ)’s Party Switch Sen. Sinema (D-AZ)’s decision to leave the Democratic Party and register as an independent is unlikely to upend the political equilibrium in the Senate. The senator plans to continue with committee assignments through the Democratic caucus, though she will not join the party for its weekly lunch where policy and…

This Week in Congress This week, Congress worked to pass legislation to protect same-sex marriages and authorize defense spending for the rest of the fiscal year.  However, still outstanding is legislation to fund the government.  Meanwhile on Tuesday incumbent Sen. Warnock (D-GA) faced off against Republican challenger Herschel Walker for the second time in a…