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Tax Incentives

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In light of the uncertainty in the real estate and investment markets, I thought I would share a little perspective. Financial bubbles, downturns and corrections are part of normal and healthy markets.
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Keith Girard
Smaller employers must negotiate a maze of state regulations that deter pooling through trade organizations. Do McCain and Obama offer solutions?
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Keith Girard
By  | Filed In: Common Stock and Equities
If Washington really wants to help Main Street, then the bill needs to include incentives to stimulate the economy, not just the credit markets.
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Keith Girard
President Bush's tax cuts are getting all the attention, but a slew of tax incentives important to small business could expire without action by the new president and Congress.
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Keith Girard
The Green Revolution is real and growing, and small businesses should be leading the charge. But are they?
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Neither the Republicans nor the Democrats are talking about the problems of small manufacturers.
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Keith Girard
Presumptive Republican candidate John McCain is basing his tax policy on the Bush administration tax cuts of 2001 and 2003, which tilt the tax code toward the rich.
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Government assistance for small business owners hiring people with disabilities.
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Keith Girard
Presumptive presidential candidates Barack Obama and John McCain are offering stark differences in tax policy. As "Deep Throat" of Watergate fame once said: "Follow the money."
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Great government tools available to assist through the business planning process for small and home business.
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If a plant relocation is in your future, it behooves you to shop around.
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Sam Thacker
How will small business owners and their businesses fair under John McCain or Barack Obama if they are elected to the presidency? Today’s post addresses the issue of taxation and business incentives that...
Blog Post
Keith Girard
The housing downturn is the worst in a generation, and most small businesses are feeling the impact even if they aren't directly involved in the real estate industry.
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Environmental information from 22 governmental agencies, all in one place
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Pottawatamie may be boasting 64 new wind turbines
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Manufacturing is flourishing in Indiana, and I have to believe that one of the reasons is conferences such as The Manufacturing Summit.
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Gas prices are up and still rising. What if employees call off because they can't afford the gas to get to work? What can you do to help, and what can employees do...
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Rebbecca Mazin
Employers can take steps that go beyond commiserating about the high cost of fuel.
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Tax Breaks Imperative For Alternative Energy Manufacturers
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Business Glossary

Definitions for: energy tax incentives act of 2005
energy tax incentives act of 2005

legislation designed to improve energy production, transportation, and efficiency, signed into law on August 10, 2005. Some of the bill's most important provisions include

  1. Deduction for energy-efficient buildings. A new deduction was instituted for expenses incurred to improve the energy efficiency of existing or new buildings. This applies to improvements in lighting, heating, cooling, ventilation, and hot water systems.
  2. Tax credit for building energy-efficient homes. Taxpayers may claim a lifetime nonrefundable credit of up to $500 for making qualifying energy-saving improvements to an existing home. This includes solar water heaters, solar panels to produce electricity, fuel cell property, and energy-efficient air conditioners, heat pumps, and other equipment.
  3. Tax credits for alternative power vehicles. Credits were introduced for fuel cell, lean burn technology, hybrid, and other alternative fuel motor vehicles.
  4. Energy-related cost recovery provisions. These include the ability of oil and gas producers to use percentage depletion under the independent producer exception, expensing for investments that increase capacity of oil refineries, two-year amortization of geological costs from domestic oil and gas exploration and seven-year write-off rules for new natural gas gathering lines.
  5. Business tax credits. Several new business tax credits were created for manufacturing energy-efficient appliances, for fuel cell power plants, for microturbine power plants, for small agribiodiesel producers, and for ethanol producers. Other new credits created were for hydropower, geothermal and solar power, advanced coal and gasification projects.

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