XsunX praises tax bill for commercial solar perks

By Kelsey Misbrener XsunX, a solar and energy saving technologies provider, announced today that the 2018 new tax plan passed by Congress in December 2017 introduced two provisions favorable for commercial solar installations. These provisions are an expansion of depreciation allowances and a reduction in the corporate tax rate.
With a doubling of the Federal first year depreciation allowance to 100%, XsunX’s solar + energy storage solutions can now offer clients even greater economic benefits. Generally, commercial clients prefer to avoid paying taxes as soon as possible which makes the new first year 100% depreciation rate, that creates a shorter depreciation schedule, more attractive

Read Full Article Here

For more great articles: Solar Power World

(Visited 6 times, 1 visits today)



© 2014 RenewaNews