APRIL 2024 newsletter
climate news |
renewable energy news |
climate news |
renewable energy news |
Dear Renewable Energy Friends and Colleagues:
April, the tax month, is upon us. Mountains in snow and the green in the valleys below, April is a picturesque time of year. There is a lot of planning going on, mobilizations being staged, in much of the country the construction season is getting underway. A new law took affect January 1, 2024 called the Corporate Transparency Act. The Corporate Transparency Act (CTA) requires certain companies to report information about the individuals who ultimately own or control them. If you fall under this requirement, here’s how you can comply, TAP Synergy Works, LLC can assist in all facets of Preparation and Filing: Prepare: Determine if your company needs to report. Many companies are subject to this requirement. Check the reporting deadlines. FinCEN began accepting reports on January 1, 2024. Understand if you qualify for any exemptions. Obtain a FinCEN ID if needed. File: Use the Beneficial Ownership Information (BOI) E-Filing System to submit your report1. If you have any questions, refer to the FAQ page or chat with FinCEN for more information1. Remember that FinCEN has been alerted about fraudulent attempts related to CTA reporting requirements, so stay vigilant and ensure compliance. TAP Synergy Works, LLC (TAPSW), is a nationally recognized specialty legal firm, a leader in renewable energy. We work from coast to coast as well as in our progressive region of the Greater Rocky Mountains. We continue to be available for our clients and for opportunities in new ventures, providing contracting documentation, enterprise team assembly, and leadership within the dynamic world of zero-emissions energy. We originate and facilitate relationships and contract documents for Utility-scale and Distributed Energy Resource Developers as well as providing OME development legal services and a host of other consulting services where legal understanding is paramount for successful execution. Our expertise includes team leadership from the formation of special purpose entities through to power generation, PPAs, and revenue stream, from DERMS platforms to wind and solar+storage installations, from recognized large desert solar arrays to individual facility microgrids. Our interest is secure stakeholder agreements, democratization of energy, and climate protection through the teamwork that well crafted contracting documents make possible. All the brightest, Thomas Polich CEO, TAP Synergy Works, LLC |