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Federal and Louisiana Taxes

Tag Archives: louisiana solar tax credit

Taxpayers File Suit Against the Cap On Louisiana Solar Tax Credits.

Thousands of Louisiana residents purchased expensive solar systems, incentivized by a state tax credit equal to 50% of the cost, up to $12,500.  The Louisiana Legislature retroactively capped the solar tax credit statewide at $25,000,000, making it available to taxpayers when they filed their returns on a first filed, first served basis.  Prior to June 19 2015, there was no cap on the solar credits and  a more generous deadline to install the solar systems, however, taxpayers that would have qualified for the credit prior to the new law were eventually denied, and left holding the bag. Naturally, the deprived taxpayers are looking for answers or their refunds.

With the combined legal skills of New Orleans lawyers, Larry Centola of Martzell, Bickford & Centola, and Heidi Mabile Gould, and Baton Rouge lawyer, Nicole Gould Frey of Breazeale, Sachse & Wilson, suit was filed on September 9, 2015 to challenge the constitutionality of the legislation in the matter entitled Gwen and Justin Ulrich & Raymond and Pam Alleman v. La. Dept. of Revenue, 19th JDC, dkt# 651,300, Section 25.

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