Renewable Fuels, Individual Tax, and Business Tax Tax laws and regulations are subject to change. Information presented here reflects our current understanding at time of post. For additional information and inquiries, please contact us. We are available to provide assistance! Developments in Renewable Fuels 12/15/2023: Sustainable Aviation Fuel (SAF) guidance was issued. This is a $1.25 / gal credit for SAF produced, sold, and used in the US through December 31, 2024. Developments in Individual Tax IRS will resume collection notices from tax years 2020 and on beginning January 2023. Although these were previously paused due to the backlog of paper returns, interest and penalties continued to accrue. Some relief Read More...
Archives for December 2023
This Week In Tax – 12/6/2023
Renewable Fuels, Individual Tax, and Business Tax Tax laws and regulations are subject to change. Information presented here reflects our current understanding at time of post. For additional information and inquiries, please contact us. We are available to provide assistance! Developments in Renewable Fuels SB Energy Global is first solar company to achieve the domestic content bonus of the ITC, by sourcing all it’s components from US based suppliers. Flex Fuel Fairness Act was introduced in the Senate November 29, 2023. This is in response to the EPA’s tailpipe standards applicable for model year vehicles 2027 – 2032, which assume zero-emissions for EV vehicles ignoring their manufacturing components. Flex Fuel Vehicles (FFVs) Read More...
Ask the Experts- Year-End Tax Planning
Ask The Experts Segment Recorded on December 6, 2023 Joel Gratz, Managing Partner and CPA, and Chelsey Mueller, Manager and CPA, team up with Bill Dean on KWLM to discuss year-end tax planning. Listen Here! Read More...