Solar and other renewable energy projects eligible for the investment tax credit rarely suffer causalities; however, cautious taxpayers seek to be prepared for the consequences of a potential project casualty.

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David Burton highlights a court decision addressing a tax shelter scheme involving lenses for concentrated solar projects.

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Rep. Mike Thompson (D-CA) of Ways & Means introduced the GREEN Act (H.R. 848) on February 4, which included creating an ITC for standalone storage.

Here’s a typical fact pattern in a tax equity partnership in which the investment tax credit recapture period or the production tax credit availability period is over: A and B are unrelated parties that formed

Posted in Blog article Power Renewable energy Solar Wind

The year 2020 started with the expectation that volume records would be set for tax equity. By late in the first quarter, the pandemic was in full swing, construction crews were sidelined and banks and law...

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On December 27, 2020, the president signed the Consolidated Appropriations Act, 2021 (the Act), which resulted in its enactment into law. Here’s a link the White House press release announcing that the Act had

Congress appears poised to pass and the president to sign a Covid relief bill that includes extension of the tax credits for renewable energy and carbon sequestration. The legislative text of the pending bill

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David Burton discusses updated proposed regulations under section 168(k) and addresses their effect on dealerships with floor plan financing.

Posted in Blog article Power Renewable energy Solar Wind