Many of our clients have been asking about an update on whether Congress will re-new the Section 45L energy efficient home tax credit which allows developers to claim a $2,000 per door tax credit for homes or apartment complexes meeting certain energy efficient...
Right after passage of the huge tax overhaul bill, Congress under Senator Orrin Hatch, introduced a tax extenders bill on December 21, called the Tax Extender Act of 2017, which would ‘renew’ a number of renewable energy credits and incentives, as well as...
In 2015, the Wisconsin R&D tax credit percentages were increased, and taxpayers are eligible for a credit of 5.75% of the amount of qualified research expenses (QREs) for the year that exceed 50% of the average QREs for the prior three years. If the taxpayer has...
The Senate passed the energy tax credit (energy efficient home tax credit) for 2014 yesterday, December 16, 2014, adopting the House bill from a few weeks ago, part of the tax extenders bill extending the 45L energy credit for one year (2014). The 45L energy tax...
