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The Internal Revenue Service recently issued crucial guidance to help developers take advantage of tax credits for the systems, and supporters say it could usher in a new era for the controversial technology.June 11
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In response to the coronavirus, the Internal Revenue Service and the Treasury are giving renewable energy companies more time to develop projects using sources such as wind and geothermal.May 28
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Tycoon OK Lim and his family are set to hand over management of the company founded in 1963 to PricewaterhouseCoopers LLP, deepening the demise of an empire Lim built into one of Singapore’s most powerful oil traders.April 22
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As oil prices collapsed in the fallout from the coronavirus, Singapore-based Hin Leong's foundations crumbled.April 21
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The Internal Revenue Service provided guidance and a safe harbor Wednesday for businesses that claim carbon capture credits in an effort to reduce emissions of carbon dioxide.February 19
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A group of 27 Democratic senators is calling for action in the Senate Finance Committee on extending energy-related tax credits and examining new tax proposals, especially those that incentivize renewable energy projects.February 11
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The two appropriations bills extend government funding while also dealing with several of the tax extender provisions and repealing some Obamacare taxes.December 24
Federal Tax Credits and Incentives Practice Leader for the AmericasPrager Metis CPAs, LLC
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The GREEN Act aims to deal with climate change by offering a range of tax incentives for use of renewable energy.November 20
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Four family members belonging to a Utah polygamist group admitted defrauding the U.S. of $512 million in renewable-fuel tax credits, with the leader saying the mastermind was an Armenian immigrant who owns a small oil and gas empire in Southern California. That businessman now faces trial alone.July 23
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Extension a tax incentive for electric vehicle purchases could cost up to $15.7 billion, according to an analysis prepared by opponents.May 15
