ThomsonReuters

DECEMBER 19, 2023

For accountants, understanding renewable energy tax credits and how they relate to individuals and businesses is essential in helping clients maximize their tax benefits. Renewable energy tax credits incentivize the adoption of eco-friendly energy sources, benefiting both the environment and the economy.

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ThomsonReuters

DECEMBER 19, 2023

The Production Tax Credit (PTC): Provides a per-kilowatt-hour credit for electricity produced by qualified renewable energy sources, such as wind, biomass, geothermal, and more. Biodiesel and Renewable Diesel Tax Credits: Credits for the production and use of biodiesel and renewable diesel fuels.

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Tax income tax tax return Manufacturing 52

Xero

JUNE 6, 2022

The potential benefits of the cloud were exciting and a source of much curiosity for accountants and bookkeepers. Now that many firms have embraced the cloud and are reaping the benefits, topics like carbon emissions, waste and water management, and electric vehicles are now woven into conversations with colleagues and clients.

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bookkeeping Account accountant accounted 94

ThomsonReuters

DECEMBER 19, 2023

Current ESG tax credits and initiatives What are the benefits of an ESG tax strategy? How are environmental taxes calculated? Accountants play a critical role in helping their clients navigate ESG tax credits and green taxes. What are green taxes? These taxes aim to shift economic activity toward environmentally friendly alternatives.

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Tax Account accountant accounted 52

ThomsonReuters

MARCH 1, 2024

How a corporate tax software can help filing S corporation taxes Setting up your business as an S corporation (S corp) provides several tax advantages that are not available to owners of C corporations (C corp) or Limited Liability Companies (LLCs). You may wonder how the S corporation taxation generally works. How are S corporations taxed?

corporation tax 52

corporation tax Tax tax return income tax 52

ThomsonReuters

MARCH 9, 2023

Many of the tax benefits related to the COVID-19 pandemic have expired or reverted to their pre-pandemic levels. Tax and Accounting professionals, listen up! Aren’t you tired of spending countless hours pouring through textbooks and internet searches trying to find the latest tax laws? Enter: Thomson Reuters Tax Season Toolkit.

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Tax Account accountant accounted 59

ThomsonReuters

APRIL 26, 2022

in December 2021, that ordered the federal infrastructure move toward zero-emission vehicles by 2035 and carbon pollution-free electricity in its buildings by 2030. What’s at Stake. The aptly titled? C temperature increase by 2099. The outlook is bleak, the report warned, because many climate plans do not act until after 2030. .

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payroll Vermont Rhode Island Hawaii 95