Hagerstown, MD (PRWEB) April 03, 2013
With tax deadline fast approaching, leading propane gas supplier ThompsonGas reminds business and homeowners currently using propane gas services to take advantage of several propane-specific energy tax credits reinstated earlier this year. Some propane-specific energy tax credits had expired and have been extended through 2013. Propane customers are encouraged to contact ThompsonGas to see if you qualify for any of the provisions made retroactive for taxable year 2012:
The other provision of interest to the propane services industry concerns the estate tax. The change to the estate tax provisions has now been made permanent. These changes include an exemption level of $5 million with a top tax rate of 40%.
All of the same rules apply to these credits as in the past. The only thing that has changed is the expiration date. Other credits for commercial propane autogas are available on state and local levels. ThompsonGas urges all business and homeowners to consult their tax advisers regarding claims, refunds and other tax credit related questions. To learn more about ThompsonGas’ propane gas services, and other propane incentives or savings, visit their website.
With headquarters in Hagerstown, Md., ThompsonGas is among the fastest growing propane companies in the country. Serving nearly 190,000 customers in 11 states, ThompsonGas’ operations include the retail marketing, sale and distribution of propane to residential, commercial, industrial and agricultural customers. Today, ThompsonGas serves customers from more than 44 customer service centers throughout the country. ThompsonGas also operates a propane rail terminal in Baltimore that serves independent dealers and multi-state marketers in the Mid-Atlantic region. For more information, visit http://www.thompsongas.com.
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