After a bit of drama over the COVID bill, the President did sign the legislation which included tax extenders on December 27, 2020 and this provides for a one year extension of 45L energy tax credits through 12/31/2021. The energy efficient home tax credit would have...
The President is expected to sign the massive relief bill on Tuesday December 22, 2020 which (as part of the over 5,000 pages) includes tax extenders, notably the Section 45L Energy Efficient Home tax credit and the Section 179D energy efficient tax deduction for...
In the first week of July 2020, The House of Representatives continued to advance the Moving Forward Act (H.R. 2) – the $1.5 trillion infrastructure proposal led by House Democrats. New programs created by H.R. 2 include a major extension and expansion of the Energy...
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...
The House passed a bill today to address expired tax extenders including the Energy Efficient Home Tax Credit under Section 45L and including the 179D energy deduction for commercial construction. The bill is expected to pass the Senate and move on to the President...