AJ Perkins’ Post

Monetizing Clean Energy Credits! Get signed up for this webcast tomorrow!

FT Headline: US Green Energy Push Expected to Generate $47B Market in Tax Credits The Inflation Reduction Act, a revolutionary climate legislation enacted by President Joe Biden in 2022, relies on tax incentives to stimulate fresh investment in eco-friendly energy and other innovative technologies. This law also authorized the trading of these incentives, allowing energy ventures with minimal tax obligations to exchange them for funds from affluent investors aiming to alleviate more substantial tax responsibilities. This framework encourages the flow of capital towards sustainable projects and fosters a more robust environment for green initiatives to thrive. #ClimateLaw #TaxCredits https://buff.ly/3V636UX

As someone who has spent years helping clients with tax credits, this tool is a valuable resource to help quickly determine what clean energy credits you or your business may be eligible for. I would be happy to talk to you more about the tool or about clean energy credits. Are you or your business investing in #CleanEnergy initiatives? Created by FORVIS, TaxCred PRO for Clean Energy can help determine your potential eligibility for clean energy #tax credits and deductions under the Inflation Reduction Act and outline your potential tax benefit.

On May 29th, the U.S. Department of the Treasury and the Internal Revenue Service released long anticipated Proposed Regulations regarding #cleanelectricity production tax credits and clean electricity investment tax credits under Sections 45Y and 48E of the Internal Revenue Code of 1986, as amended. In a recent white paper, written by Beau Brawner, Andrew Bryant, Elina Coss, Nicole Gambino, Jaron Goddard, Brandon M. King, Peter Mostow, and Ryan Wong, our authors discuss the rules and requirements related to claiming the Tech-Neutral Credits which will replace the legacy production tax credits (PTC) and investment tax credits (ITC) under Code Sections 45 and 48 that will sunset beginning in 2025. You can read the full paper, which is intended to be a guide for understanding how the Proposed Regulations generally function for purposes of implementing the Tech-Neutral Credit, at: https://lnkd.in/g9B4_tG4 #InflationReductionAct #RenewabeEnergy #CleanEnergy

Is your organization currently investing or planning to invest in clean energy initiatives? TaxCred PRO for Clean Energy from Forvis Mazars can help your business uncover tax credits and deductions your organization may qualify for and how much potential benefit it may receive. Take advantage of this opportunity by starting the complimentary survey: https://bit.ly/3zV7L52

Is your organization currently investing or planning to invest in clean energy initiatives? TaxCred PRO for Clean Energy from Forvis Mazars can help your business uncover tax credits and deductions your organization may qualify for and how much potential benefit it may receive. Take advantage of this opportunity by starting the complimentary survey: https://bit.ly/3zV7L52

Is your organization currently investing or planning to invest in clean energy initiatives? TaxCred PRO for Clean Energy from Forvis Mazars can help your business uncover tax credits and deductions your organization may qualify for and how much potential benefit it may receive. Take advantage of this opportunity by starting the complimentary survey: https://bit.ly/3zV7L52

Is your organization currently investing or planning to invest in clean energy initiatives? TaxCred PRO for Clean Energy from Forvis Mazars can help your business uncover tax credits and deductions your organization may qualify for and how much potential benefit it may receive. Take advantage of this opportunity by starting the complimentary survey: https://bit.ly/3zV7L52

Join us for a really topical discussion on the distributional impacts of US subsidies (tax credits) for 'clean energy' technologies. Are these good for the climate but bad for distributional equity, or are they giving benefits to richer consumers now but lowering costs for all in the future? How does this compare to Hunt Allcott's recent work as discussed in the The New York Times? https://lnkd.in/g66BkxVN What does this mean for other countries - don't use subsidies/tax credits or design them differently?

Treasury and the IRS have released proposed regulations regarding the new tax credits on clean electricity production and investment. The new tax credits are technology neutral, generally applying to any type of electricity generation that achieves zero greenhouse gas emissions. Read Jones Day's Alert, which analyzes the proposed regulations. #cleanenergy #taxlaw #ESGinvesting https://ow.ly/GNuT50SbLZ2