Remove 2020 Remove Electronics Remove Operator
article thumbnail

New IRS Guidance on Obtaining Refunds for Net Operating Loss Carrybacks, Corporate AMT Carryforward Credits and Filing Amended Returns for Partnerships

The Energy Law

116-136, enacted modifications to the rules for the use of net operating losses (“ NOLs ”) and corporate alternative minimum tax carryforward credits (“ AMT Carryforward Credits ”) for tax years beginning after December 31, 2017 and before January 1, 2021. Revenue Procedure 2020-24 provides guidance with respect to each of these sets.

article thumbnail

Guidance and Relief for Retirement Plans Due to the COVID-19 Pandemic

The Energy Law

Discussed below are (1) EBSA Disaster Relief Notice 2020-01, (2) DOL “COVID-19 FAQs for Participants and Beneficiaries,” (3) IRS Notice 2020-23, and (4) IRS “Coronavirus-related relief for retirement plans and IRAs questions and answers.” A complete list of the questions and answers can be found here.

E&A 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maritime Industry COVID 19 Update

The Energy Law

How Should I Change My Operations during the Pandemic? What Changes Should I Make to Employee Operations? The AWO held a public webinar on March 19, 2020, regarding the novel Coronavirus and the COVID-19 it causes, and has made the video of that webinar available to the public. Yes, the U.S.

article thumbnail

IRS Updates Guidance on Temporary Procedures to Fax Forms 1139 and 1045 to Obtain Quick Tentative Refunds due to NOL Carrybacks and Accelerated Use of AMT Carryforward Credits

The Energy Law

Bradford, New IRS Guidance on Obtaining Refunds for Net Operating Loss Carrybacks, Corporate AMT Carryforward Credits and Filing Amended Returns for Partnerships ( the “ Prior Blog Post ”). [1] Individual Income Tax Return ( “ Form 1040-X ” ) will be processed when normal IRS operations resume. Bradford and J. 2] See [link]. [3]

E&A 40
article thumbnail

Challenges of Integrating Renewables Into Today’s Power Grids

Enverus

What are some of the challenges grid operators face in the clean energy transition and what are some practical solutions? Power grid operators must come up with innovative solutions to manage renewable capacity and adopt smart systems to balance supply and demand in the most efficient way possible.

article thumbnail

Louisiana and Texas COVID-19 Stay-at-Home Orders and Effects on State Courts

The Energy Law

This article was updated on April 14, 2020. Day-to-day life has been dramatically impacted by the coronavirus disease 2019 (COVID-19), and many courts in Louisiana and Texas have been forced to close or limit operations in conjunction with stay-at-home orders. The orders also require all non-essential businesses to cease.