The IRS issued recent guidance regarding construction of commercial solar energy properties and other qualified energy properties for purposes of claiming the ITC
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IRS Sheds New Light On Solar Tax Credits, Leaves Energy Storage In The Dark
By Seth Belzley, Jamie Jackson Hansen, Stephen Humes & Mark Kalpin | Holland & Knight LLPSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.IRS Provides New Rules Under Stricter $1 Million Tax Deduction Limit For Executive Compensation
By Ropes & Gray LLP
In December 2017 Congress significantly broadened the Internal Revenue Code’s $1 million deduction limitation for compensation paid to top public company executives
The Quick (But Not Dirty) Issue No 1: IRS Solar Construction Guidance
By John Marciano III & Ramin Mohammad | Akin Gump Strauss Hauer & Feld LLP
A Basic Guide to Renewable Energy Market and Energy Tax Basics
Good News For Solar And Other ITC Projects
By Heather Cooper, Martha Groves Pugh, Philip Tingle & Madeline Chiampou Tully | McDermott Will & Emery
Previously, the IRS had issued several notices addressing the beginning of construction requirements for wind and other production tax credit (PTC) eligible facilities
Renewable Energy Update – June 2018 #4
By William R. Devine, Barry Epstein & Renée Louise Robin | Allen Matkins
The Internal Revenue Service released a new guidance Friday that establishes when the construction of a solar facility starts to qualify for the solar ITC
IRS Issues Notice 2018-59: “Begun Construction” Guidance For The Investment Tax Credit
By Greg Broome, Lauren Chase & Nicole Gambino | Wilson Sonsini Goodrich & Rosati
The IRS has issued Notice 2018-59, providing guidance on the “begun construction” requirements for facilities qualifying for the Section 48 ITC
The JD Supra Top 50 – Popular Legal Topics In 2017
By Adrian Lurssen | JD Supra Perspectives
It is my pleasure once more to publish our list of popular topics on JD Supra covering readership over the entire year.
Energy Saver Tax Tips: Get Money Back For Buying, Charging Plug-In Electric Vehicles
By Shannon Brescher | Shea Communications Manager, Clean Cities Program
Even in these days of low gas prices, plug-in electric and other types of alternative fuel vehicles are still often cheaper to fill up than conventional ones. With tax season approaching, there are more ways to save money than ever. Plug-in electric vehicles, charging stations, and other alternative fueling infrastructure qualify for federal or state… Keep reading →
IRS Publishes Proposed Regulations Addressing Fracking Services By MLPs
By John Bates, Paul Schmidt | BakerHostetler
On May 6, 2015, the Internal Revenue Service (IRS) published proposed regulations [REG-132634-14], which if finalized would clarify that income from certain oil and natural gas fracturing (“fracking”) services is “qualifying income” for purposes of determining whether a master limited partnership (MLP) qualifies for favorable “passthrough” federal tax status.
IRS Specifies Performance and Quality Standards For Small Wind Turbines
By David Burton | Akin Gump Strauss Hauer & Feld LLP
On January 13, the Internal Revenue Service (IRS) released Notice 2015-4 which specifies the performance and quality standards that small wind turbines must meet in order to qualify for the 30 percent investment tax credit (ITC).
