News & Insights
Stay informed with the latest developments and expert perspectives on tax credits from Mickelson & Company. Our articles offer thorough analysis and up-to-date insights into the railroad and renewable energy sectors. Utilize this knowledge to strengthen your strategic planning in these crucial areas.
From Federal to State: Using 45G Rail Credits as a Model for Biofuels
The 45G federal tax credit for rural railroad maintenance serves as a model for state-level adoption, with 17 jurisdictions now offering similar incentives to boost rural infrastructure. This legislative pattern is currently being replicated for the American biofuels industry following the 2025 introduction of federal credits, with states like Kansas and Kentucky already adopting complementary programs.
Cate’s Corner: Policy Success Takes Time
One of the biggest misconceptions about the legislative process is that good ideas become law in a single session. In reality, meaningful policy often requires years of education, relationship-building, and persistence before the right opportunity presents itself.
Cate’s Corner: Legislative Updates – May 2026
As state capitols quiet down for the year, we want to recognize the significant accomplishments short line railroads achieved during this legislative cycle.
Act Now: The Window for §45Z Tax Credit Monetization Is Wide Open
Learn technical guidance on buying and selling credits, the evolving rules under the One Big Beautiful Bill Act (OBBBA), implications for estimated tax payments, and key diligence considerations.