The US national trade body known as the Solar Energy Industries Association (SEIA) has released a new, updated version of its solar tax and finance bible, according to a recent press release from the association.
The new “Guide to Federal Tax Incentives for Solar Energy” report is the first in 3 years, and expands the ability of the tax manual to answer practically any solar tax and finance question that you have.
The new version (8.0) was developed with aid from Keith Martin at Chadbourne & Parke LLP, and now contains further “valuable information about qualifying for the solar investment tax credit (ITC), how commence construction works, depreciation bonuses, financing issues and more.”
“This comprehensive document really gives SEIA members a leg up when it comes to navigating the tricky terrain of taxes,” stated Tom Kimbis, SEIA’s interim president and general counsel. “With the recent extension of the ITC, over the next 5 years the solar industry is expected to nearly triple in size. This resource will help solar companies stay up to speed on how policies born in Congress and across America’s state capitals impact their business.”
In association with the update, the SEIA Finance and Tax Seminar will be returning later this year, with the popular solar energy finance and tax issues conference now slated for December. The conference is “dedicated exclusively to the most impactful accounting, finance and tax issues facing the solar industry.”
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