On January 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 (the "Act") that extends and modifies the production tax credit (PTC) and reenacts bonus depreciation for property placed in service before January...more
In late 2012 the Michigan State Tax Commission changed the rate at which wind turbine assets would be depreciated for property tax assessment purposes. Now five counties (Huron, Sanilac, Gratiot, Mason, Tuscola) are working...more
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