#irs

Articles tagged with irs

Featured image for New IRS Rule Could Kill Your Solar Tax Credit

New IRS Rule Could Kill Your Solar Tax Credit

A recent IRS interpretation targets roof age in solar installations, potentially denying homeowners valuable tax credits. This change creates uncertainty for installers and financiers, emphasizing the need for precise planning to secure clean energy benefits.

6 min read
Featured image for Solar Owners Can Now Sell Their Federal Tax Credits

Solar Owners Can Now Sell Their Federal Tax Credits

The IRS's new tax credit transfer rule empowers solar owners to sell unused Investment Tax Credits, offering cash liquidity to homeowners, nonprofits, and developers. This simplifies financing, reduces barriers, and drives faster adoption of solar energy nationwide.

4 min read
Featured image for IRS Now Splits Home Solar Credits by Income Use

IRS Now Splits Home Solar Credits by Income Use

The IRS 2025 rule revolutionizes home solar incentives with a hybrid tax approach that combines personal credits and business depreciation. Homeowners generating income from power sales can claim proportional deductions, subject to rigorous documentation. This shift creates new challenges and benefits for installers, accountants, and homeowners as solar evolves into a dual-purpose energy and financial asset.

5 min read
Featured image for IRS Depreciation Change Reduces Solar Tax Benefits

IRS Depreciation Change Reduces Solar Tax Benefits

The IRS 2025 depreciation update extends recovery periods for solar assets, cutting accelerated tax benefits and affecting project financing and returns. Developers and managers need to adjust timelines and models to optimize compliance and investment outcomes in renewables.

4 min read
Featured image for New IRS Rule Reshapes Solar Depreciation Benefits

New IRS Rule Reshapes Solar Depreciation Benefits

A recent IRS rule alters solar project depreciation calculations, increasing after-tax returns and enhancing investor interest. This adjustment eases restrictions linked to federal tax credits, improving cash flow and overall project viability. Industry professionals are updating financial models to capitalize on this development.

4 min read
Featured image for IRS Solar Rule Cuts Depreciation Time by 60%

IRS Solar Rule Cuts Depreciation Time by 60%

The IRS's new guidance speeds solar depreciation by 60% under MACRS, enabling faster cost recovery for solar and storage assets. This boosts early cash flow, enhances project returns, and influences financing and ownership strategies in commercial solar.

4 min read
Featured image for How the IRS Solar Rule Reshapes Tax Credit Strategy

How the IRS Solar Rule Reshapes Tax Credit Strategy

The 2025 IRS Solar Rule simplifies solar tax benefits for businesses by clarifying depreciation starts, enhancing Investment Tax Credit use, and improving compliance. These updates accelerate capital recovery, expand access to incentives, and strengthen financial planning for renewable energy deployments.

3 min read
Featured image for Bonus Depreciation Cuts Solar Costs in Year One

Bonus Depreciation Cuts Solar Costs in Year One

Bonus depreciation permits businesses to deduct 100% of solar system costs in the first year, enhancing cash flow and reducing taxes. Combined with the Investment Tax Credit, it can slash project costs by almost half. Thorough planning and documentation secure compliance and optimize financial outcomes for commercial solar ventures.

4 min read
Featured image for New IRS Loophole Lets Homeowners Depreciate Solar

New IRS Loophole Lets Homeowners Depreciate Solar

Homeowners can now potentially claim accelerated depreciation on solar installations by structuring them as business assets through property leasing to a dedicated entity. This approach combines with federal tax credits for enhanced savings, provided proper documentation establishes genuine business activity.

5 min read
Featured image for IRS Clarifies Solar Depreciation Rules for Bigger Savings

IRS Clarifies Solar Depreciation Rules for Bigger Savings

Recent IRS guidance refines the application of depreciation rules for solar installations, enabling businesses to optimize tax credits and deductions. These changes streamline compliance, elevate after-tax profitability, and foster greater investment in renewable energy. Developers and commercial property owners now face a clearer path to substantial financial advantages through solar adoption.

4 min read
Featured image for Roof Age Can Disqualify Your Solar Tax Credit

Roof Age Can Disqualify Your Solar Tax Credit

Installing solar panels offers significant federal tax credits, but an old or improperly replaced roof can jeopardize eligibility. Recent IRS guidelines restrict credits to components directly supporting solar systems, requiring homeowners to prioritize roof assessments, detailed records, and strategic planning to secure full benefits.

4 min read
Featured image for How 2025 IRS Rules Change Solar Depreciation Schedules

How 2025 IRS Rules Change Solar Depreciation Schedules

The 2025 IRS regulation transforms solar project depreciation and tax deductions under MACRS, refining asset classifications and ITC basis adjustments. These updates influence financing models, equipment sourcing, and overall project economics, demanding precise tax strategies for developers.

5 min read
Featured image for IRS Doubles Solar Depreciation Rate for 2025

IRS Doubles Solar Depreciation Rate for 2025

The IRS has doubled the first-year depreciation allowance for solar assets in 2025, enabling businesses to deduct more costs upfront and enhance project profitability. This policy adjustment supports federal clean energy initiatives, reduces payback times, and opens new financing avenues for solar developers and owners.

5 min read
Featured image for Solar Tax Credit Now Covers Battery Storage Systems

Solar Tax Credit Now Covers Battery Storage Systems

Federal solar tax credit enhancements now include battery storage, offering 30% savings on installations. Homeowners and businesses can claim larger refunds via IRS Form 5695, reducing costs and promoting renewable energy adoption for financial and ecological gains.

4 min read