KLG’s Brendan Beasley and Jonathan Klavens teamed up with Mark Vitello at accounting firm BerryDunn to put together the following questions and answers relating to qualification for the 30% Investment Tax Credit (ITC) under Section 48 of the Internal Revenue Code using the safe harbor outlined by the IRS in Notice 2018-59. A version of this Q&A was previously posted on the BerryDunn website in the hope that it would be helpful to solar energy project developers and others as they navigate the last few weeks of 2019. /continue reading
