By: Michael Wilson, CPA Summary On August 16, 2022, President Joe Biden signed into law H.R. 5376, more commonly known as the Inflation Reduction Act of 2022 (the “Inflation Reduction Act”), which includes $369 billion in incentives for clean technologies, including wind, solar, storage, hydrogen, nuclear, carbon capture, and biofuels to increase investment in the renewable energy sector. These incentives…