Mar
Wood & Pellet Investment Tax Credit
What is this new tax credit? Effective Dates:The new tax credit under Sec. 25(D) of the U.S. Internal Revenue Code (“IRC” or “tax code”) came into effect on January 1, 2021 for qualifying purchases and installations completed on or after that date, through December 31, 2023 Credit Amount: Creates a new tax credit of 26 percent of the purchase and installation costs (with