Mark Bennett of Miller Canfield Interviews Kevin Kampschroer, Director of GSA's Office of High-Performance Federal Green Buildings

The GSA's Office of High-Performance Federal Green Buildings (OHPFGB) must move quickly to obligate most of the $4.5 billion it has received under the American Recovery and Reinvestment Act of 2009. In this video, Mark Bennett of Miller Canfield interviews Kevin Kampschroer, the Director of the OHPFGB...

Renewable Energy Law Developments – American Bar Association Section of Public Utility, Communications and Transportation Law – Renewable Energy Committee

This report from the Renewable Energy Committee of the American Bar Association Section of Public Utility, Communications and Transportation Law looks at recent renewable energy law developments. The report begins by noting that “The past few years have seen a shift in public attention, public...

American Opportunity Tax Credit’s Year-End Expiration: Is An Extension Possible?

As originally enacted in 1997, the Hope Credit and the Lifetime Learning Credit (HOPE), contained in IRC § 25A , set forth criteria for earning tax incentives to encourage the pursuit of educational opportunities. In 2009, for taxable years 2009 and 2010, the Hope Credit was renamed the American...

The American Recovery and Reinvestment Act of 2009 and The Small Business Jobs Act of 2010 Reduce Tax Imposed on Certain Asset Sales by S Corporations in 2010 and 2011

By Lisa Petkun and Timothy Leska The American Recovery and Reinvestment Act of 2009 (the Stimulus Bill) eliminates the imposition of tax upon certain S corporations (but not their shareholders) in taxable years beginning in 2009 and 2010. Recently, President Obama signed into law the Small Business...

Taylor English Duma's Jonathan Wilson and Greg Sanderson Discuss U.S. Treasury Department's Section 1603 Grants - LexisNexis® Podcast

On this edition, Greg Sanderson and Jonathan Wilson discuss the U.S. Treasury Department's cash grant incentive created by The American Recovery and Reinvestment Act of 2009 for new renewable energy projects. They explain how applicants must demonstrate that construction of the specified energy property...

Congress Passes Bill Extending Section 1603 Grant and Other Energy-Related Incentives

By Madeline M. Chiampou , Justin Jesse , Caroline Hong Ngo , Martha Groves Pugh , and Philip Tingle The U.S. Congress recently passed a bill extending the Section 1603 grant program for one year, prolonging certain credits for biodiesel producers and both continuing and expanding first-year bonus...

Extension of Renewable Energy Tax Grants Comes Not a Moment Too Soon

By Jane C. Luxton and Todd B. Reinstein The renewable energy industry received a hoped-for holiday gift when President Obama signed the bipartisan tax bill, H.R. 4853, on December 17, 2010. One of the bill's key provisions extends an important tax grant program that has proven to be the magic...

Thorns in Making Work Pay Credit for Some Taxpayers, Says TIGTA

The Making Work Pay Credit, an economic stimulus provision included in the American Recovery and Reinvestment Act of 2009, was intended to provide an increase to employees' take home pay by reducing the amounts withheld from employees' paychecks throughout the year. The credit, which was designed...

Life Without Stimulus

Republicans constantly remind us that the Obama stimulus--the American Recovery and Reinvestment Act of 2009--did not work. They voted against it. In the United Kingdom the government is led by Conservative Prime Minister David Cameron. His government did not adopt stimulus. Instead it boldly enacted...

Ballard Spahr Alert: Treasury Offers New Guidance on Renewable Energy Grant Eligibility

By Charles S. Henck, Mark J. Maichel and Darin Lowder Eligibility for a renewable energy grant hinges on the start date of a project, and the U.S. Treasury Department has provided new guidance on the issue of how that eligibility may be affected by a property transfer. The new guidance addresses...

AMT "Ifs and Buts": Considering Prospects for 2012 and Beyond

By Suellen Wolfe, J.D., LL.M. * In 1986, Congress concluded that "that no taxpayer with substantial economic income [should be able to] avoid significant tax liability by using exclusions, deductions, and credits. Although these provisions may provide incentives for worthy goals, they become counterproductive...