In past years, if you itemized your deductions, you could deduct qualified medical and dental expenses to the extent they exceeded 7.5% of your adjusted gross income (AGI). However, beginning January 1, 2013, this threshold was raised to 10%.
Worldâs Largest Solar Panel Manufacturer Suntech Declares Bankruptcy in China. Environment. Suntech was once the worldâs largest manufacturer of solar panels â but the company was just pushed into bankruptcy after defaulting on $541 million in bond payments. The company was a powerful force in Chinaâs renewable energy market, generating 2.4 gigawatts worth of solar modules in 2011 alone. But the company faced a rapid decline as solar panel production in China increased tenfold over the past five years, causing prices to drop by as much as 75 percent.
Worldâs Largest Solar Panel Manufacturer Suntech Declares Bankruptcy in China. Environment. Suntech was once the worldâs largest manufacturer of solar panels â but the company was just pushed into bankruptcy after defaulting on $541 million in bond payments. The company was a powerful force in Chinaâs renewable energy market, generating 2.4 gigawatts worth of solar modules in 2011 alone. But the company faced a rapid decline as solar panel production in China increased tenfold over the past five years, causing prices to drop by as much as 75 percent.