Update on the Alternative Fuel Tax Credit
At the beginning of April, the Internal Revenue Service (IRS) clarified and extended the deadline for the alternative fuel tax credit to July 1. At issue was that the due date for filing claims for payments related to alternative fuel …
Take the Plunge! Switch to Propane Tankless Water Heaters Today
Spring is here! It’s the best time to clean out your home, clean up your lawn and garden, and freshen up your business. There’s not a better time to review your home and business and their needs. One thing you may want to consider is a …
5 Things You Need to Know About the American Taxpayer Relief Act of 2012
The American Taxpayer Relief Act of 2012 was passed by Congress on January 2, 2013. What’s the bottom line for businesses who use propane? If you use propane for fleets, vehicles, forklifts or homes, you may be eligible for alternative fuel tax …
Propane Benefits from “Fiscal Cliff” Deal
From the NPGA: After a protracted post-Christmas negotiation between the President and Congress, an agreement has been reached on important tax related issues affecting all Americans. On January 1, 2013 Congress completed action on legislation to avoid the consequences of …
Top 5 Things to Know About the Propane GAS Act of 2011
Here are the top 5 things to know about the Propane Green Autogas Solutions Act (“Propane GAS Act”) of 2011: 1. Existing tax credits of $0.50 per gallon for the purchase of propane autogas as a motor fuel would be …
Imminent Deadline for Propane Tax Credits
The deadline to file for the 2010 Alternative Fuel Tax Credits is Monday, August 1, 2011. These tax credits available for forklift operators and some others that use propane as an engine fuel are part of the Tax Relief, Unemployment …
AmeriGas Commends Introduction of Propane Green Autogas Solutions Act (Propane GAS Act) of 2011
Last week, the Propane Green Autogas Solutions Act (“Propane GAS Act”) of 2011 (H.R. 2014/S. 1120) was introduced to the House and Senate. This legislation would extend existing tax credits for the purchase of propane autogas as a motor fuel, the …
Kia Offers New Bi-Fuel Autogas Vehicle
In select countries in the European market later this year, drivers will have the option to purchase the new Kia Picanto Bi-Fuel. The bi-fuel car can operate for up to 373 miles in the liquefied petroleum gas (LPG) mode. …
Tax Time Reminders – Credits for Propane Forklift Users
With Tax Day just around the corner, that is to say April 15 when personal income tax returns are due to the IRS, it seems timely to remind everyone about some of the tax credit and incentives for forklift operators. …
Tax Incentives for Propane Autogas
The alternative fuel infrastructure tax credit for alternative fuel refueling facilities is available through December 31, 2011 to businesses and fueling station owners who install qualifying equipment, including propane tanks and dispensers. This federal credit provides 30% of the refueling …
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