Thimble Puller BCP’s Plant Services Division has been working on fine tuning two new products that are immediately available for use by utility clients for their Incore Flux Thimble needs. The first is a lightweight hand tool called the ‘Thimble Puller’. The Puller is a manually operated device that can be used to aid in […]
The Environmental Protection Agency (EPA) has a number of proposed regulations; however, two in particular will present significant R&D opportunities for a number of utilities. With the addition of these two proposed rules, a number of electric generation facilities will be required to perform research to determine the best available technology (BAT) and/or combination of […]
“Simply put, sound research is key to determining whether extended operation beyond 60 years can be safe and, if it can, what measures need to be taken to ensure safe operation. The industry must take the lead on these research activities.” U.S. Nuclear Regulatory Commission Chairman, The Honorable Gregory B. Jaczko[1] Although 61 nuclear plants […]
As you are likely aware, the Research and Development (R&D) Tax Credit has yet to be renewed for the 2010 tax year. Historically, the tax credit has expired and been retroactively renewed five times in its brief history. While there are no certainties, it is highly likely that the R&D Tax Credit will be renewed […]
On January 29th, the U.S. District Court for the Northern District of Texas (Dallas Division) issued its ruling in the Trinity Industries, Inc. v. U.S. The Court’s ruling is another in a long line of recent major court cases regarding R&D Tax Credits cases. Trinity is a large corporation engaged in a variety of businesses. […]
As you are likely aware, President Obama’s 2011 Budget Proposal recommends making permanent the Research and Experimentation (R&E) Tax Credit, which at this time remains expired as of the end of 2009. The President has shown consistency in his support of science and the advancement of technology. As quoted in the Tech Daily Dose, National […]
Greg Lormand discusses the R&D tax credit extension and teh GAO’s findings report on tax credit improvement. He explains the pros and cons of proposed provisions as well as what it means for industry and businesses who currently take advantage of these credits.
BCP recently completed a presentation on the Research and Experimentation (R&E) Tax Credit and Deduction at the EEI Tax Committee meeting in New Orleans, Louisiana. The last discussion point was an example of how to get started with assessing the level of R&E potential investment your organization is making. In this issue of the R&E […]
The IRS has recently issued a new audit technique guideline for activities under Section 41 (LMSB-04-0508-030). This guideline outlines a number of areas with which the IRS exam team has been given a directive on auditing Section 41 R&E claims. In this edition of the BCP newsletter we’ll summarize a few of the key areas […]
Investment in alternative fuels and the continued development of renewable generation sources is ever increasing. In 2004, reported by a Worldwatch Institute report, the global investment in renewable energy hit a record $30 billion, accounting for 20-25 percent of all investment in the power industry. With political and global warming concerns that investment will continue […]
