Jorge Castro, former Counselor to the IRS Commissioner and tax counsel in Congress, commented in Law360 on the most of the significant federal tax policies implemented this year, including the regulatory efforts of the IRS and the U.S. Department of the Treasury. "The implementation of the Inflation Reduction Act (IRA) has been a significant endeavor by the Treasury and the IRS," Castro said. The IRS and Treasury have worked hard to develop guidance as quickly as possible in the clean energy and renewable sector, which are potentially transformational incentives, including making non-profits eligible, Castro noted.