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05-22-2013 by NATSO NATSO and Renewable Energy Group Team Up to Offer Biodiesel Webinar June 6

In February, attendees at The NATSO Show 2013 had the opportunity to attend a NATSO U educational session on making biodiesel profitable at your travel plaza. NATSO and Chairman’s Circle member Renewable Energy Group are partnering to offer the presentation again on June 6! NATSO members only can register for this free webinar held Thursday, June 6 from 4:00 p.m. to 5:00 p.m. EDT.

05-22-2013
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04-08-2013 by NATSO IRS Issues Simplified Procedures for Claiming Retroactive Biodiesel Blenders Credit

The Internal Revenue Service (IRS) has issued new and simplified filing procedures for 2012 retroactive biodiesel blender claims. The new procedure allows claims for all four quarters of 2012 to be filed on IRS Form 8849 Schedule 3. Blenders are no longer required to file amended IRS Form 720X returns to obtain 2012 biodiesel blending credits provided the claim is filed by July 1, 2013.

04-08-2013
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03-18-2013 by NATSO IRS Accepting Electronic Filings for Motor Fuel Excise Tax-Related Claims

The Internal Revenue Service announced that it has finished updating its tax-processing system software allowing business and individual taxpayers to once again electronically file 2012 federal tax returns, including motor fuel excise tax returns, biodiesel credit claims as well as alternative fuel and alternative fuel mixture credits and income tax returns.

03-18-2013
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02-18-2013 by NATSO House Committee Seeks EPA Information on RIN Fraud

The House Energy and Commerce Committee is asking the Environmental Protection Agency (EPA) to detail steps it is taking to prevent fraudulent renewable fuel credits, or RINs, from entering the marketplace. The committee also wants to know whether fraudulent credits have contributed to a “dramatic decline” in RIN prices since July 2012. The committee asked EPA to respond by Feb. 22.

02-18-2013

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