IRS Releases Form 4255 to Report Prevailing Wage and Apprenticeship Penalty Amounts
By EsqSocial Corporation 09/04/25
The IRS recently released an updated Form 4255, Certain Credit Recapture, Excessive Payments, and Penalties, which is used to report the amount due for certain credit recaptures, excessive payments, excessive credit transfers and, importantly, Prevailing Wage and Apprenticeship (PWA) penalty amounts, as these apply to many energy tax incentives....
By: Holland & Knight LLP