September 25, 2026
IRS Issues Guidance on Section 45Z Clean Fuels Production Tax Credit to Support Domestic Biofuel Production and American Agriculture
The Internal Revenue Service (IRS) issued guidance on September 8, 2026, on the Section 45Z Clean Fuels Production Tax Credit “to empower America’s crop and livestock farmers, ranchers, and fuel producers across the country and help them access the growing domestic biofuels market in a way that makes the Clean Fuels Production Credit work for them.” Notice 2026-53 provides the 2026 emissions rate table used to calculate the clean fuel production credit and provides additional guidance,...