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Qualified Energy Resources

IRS Section 45 Production Tax Credit is a per-kilowatt-hour tax credit for electricity generated by qualified energy resources and sold by the taxpayer to an unrelated person during the taxable year. Qualified energy resources include wind, biomass, geothermal, hydroelectric, and refined coal. Section 45 provides a tax credit for refined coal production during a 10-year period.

Environmental Assessment

If you’re in the process of buying or refinancing a commercial or industrial property, you’ve probably heard of a Phase I Environmental Site Assessment. The analysis, often called an ESA, is a report that identifies potential or existing environmental contamination liabilities.