by Bruce Warner | Jul 29, 2022 | Blog
The Inflation Reduction Act of 2022 introduced in the Senate yesterday, July 28, 2022, will expand and extend the 45L Energy Efficient Home Tax Credit. The bill extends the 45L energy credit for 10 years, through 2032 and retroactively extends for this year 2022. The...
by Bruce Warner | Dec 18, 2021 | Blog
Congress has wrapped its 2021 session and will not resume again until January when the next Congressional session opens. This means no BBB Act (Build Back Better Act) which included a number of energy efficient tax incentives including a 10 year extension of the 45L...
by Bruce Warner | Nov 12, 2020 | Blog
In June 2020, a House bill was introduced referred to as the Moving Forward Act which would extend the Section 45L Energy Tax Credit for energy efficient homes through 2025. The bill would also increase the energy tax credit to $2,500 per unit/home and update the...
by Bruce Warner | Sep 22, 2020 | Blog
In a recent Appellate decision in Audio Technica v. U.S.[1], the Appellate court overturned a district court decision on defining the fixed base percentage for the taxpayer Audio Technica and its R&D tax credit claim. Audio Technica claimed the R&D tax credit...
by Bruce Warner | Dec 26, 2019 | Blog
An update on the tax extenders 2019 and the energy credits – the President signed into law an extension of the 45L energy efficient home tax credit last Friday. The energy tax credit is available retroactive for homes or apartments leased/sold starting on...
