Maximizing Renewable Energy Investments: Navigating New Tax Incentives and ROI Strategies from IRA
Thursday, Aug 22, 2024|Description:
This webinar will provide an overview of the new and enhanced renewable energy provisions from Inflation Reduction Act. It will be presented in a practical way for tax advisors to better understand the opportunities for their clients seeking to add renewable energy solutions in their businesses and real estate investments. There will be a discussion of the bonus credit and transferability provisions and the interaction between other incentives and credits opportunities that can be stacked with the energy investment tax credits. The speaker will also demonstrate powerful ROI techniques that can be used to advise clients in this rapidly expanding area.
Learning Objectives:
- Overview of the Inflation Reduction Act
- IRC §48 Identification of Qualified Renewable Energy Projects
- Investment Tax Credits (ITC) / Production Tax Credits
- Detailed Description of the Monetization Process
- Not-For-Profit Entities: IRC §6417 Elective Tax Payment
- For-Profit Entities: IRC §6418 Transferability of Credits
- Client Examples and ROI Analysis
- Interplay of Renewable Energy and other Tax Incentives
- Cost Segregation
- 179D Energy Efficient Commercial Building Deduction
- 45L Energy Efficient Home Tax Credit
- Research & Development Tax Credit
- Overview of the Inflation Reduction Act