2021), which was signed by President Trump on December 27, 2020, extended the beginning of construction deadlines for many types of renewables projects. A summary of the extensions and a brief overview of the related tax credits and credit rates is availablehere. Off...
On May 5, 2016, the Internal Revenue Service ("IRS") updated guidance regarding the "beginning of construction" requirement for renewable energy facilities seeking to qualify for the production tax credit ("PTC") and the investment tax credit ("ITC") (Sections 45 and 48 o...
IRS Releases Favorable Guidance for Individual Investors in Community Solar to Claim Section 25D Tax CreditKurt R. Rempe
You must complete IRS Form 5695 if you qualify to claim the non-business energy property credit or the residential energy-efficient property credit.
Insuladd's paint additve makes your house paint insulate! Free house paint and insulating additive courtesy of the 2020 IRS tax rebate.
One way to determine if a project’s components are deemed to be produced in the U.S. is to prove that the manufactured products meet anAdjusted Percentage Requirement. This requirement depends on the type of project (e.g.,solar, onshore wind, offshore wind,etc.), and the date pro...
IRS Notice 2018-59 Clarifies Rules on Beginning of Construction of Solar Facilities to Qualify for the Investment Tax CreditCharles H. Purcell