August 5, 2005—The nation’s new energy law will provide millions in tax breaks, mostly to businesses, says CCH INCORPORATED (CCH), a leading provider of tax and accounting information, software and services.
The Act provides more than $14.5 billion in tax breaks—the overwhelming preponderance going to businesses—over a ten-year period to boost conservation efforts, increase domestic energy production and expand the use of alternative energy sources such as solar, wind, ethanol, bio-mass and clean-coal technology. Consumers will also benefit, says CCH.
For more information on the law, visit the CCH Web site.
