Renewable Energy

As advisors to four of the top five organizations in the ethanol industry, we stay abreast of the latest trends and issues to offer proven business solutions. Leveraging our in-depth capabilities and industry experience, we help companies meet their financial, compliance and strategic business needs. Our renewable energy practice serves ethanol, biodiesel and wind energy producers.

Cutting the small business red tape
On April 5, 2012, President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act in a move intended to encourage small businesses as well as renewable and alternative energy companies to create jobs and jumpstart their business operations. To that end, significant provisions of the Act include relief to emerging growth companies from certain regulatory and disclosure requirements and an increase in the number of shareholders a company may have before requiring SEC registration of its common stock.

Ethanol innovation and production: How increased local and federal advocacy can help grow the renewable fuels industry
The United States' production of renewable fuels has grown substantially in recent years but there are still further obstacles to overcome before the industry can realize its potential

Depreciation recovery period for ethanol production assets stands at
five years
McGladrey and the Renewable Fuels Association are pleased to announce that meetings with the U.S. Department of Treasury have resulted in the IRS preparing new Chief Counsel Advice regarding the cost of recovery period used for ethanol equipment.

New IRS Tax Position Prevalent in the Ethanol Industry