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🌿 Energy Tax Credits: New Opportunities for Savings and Sustainability 🌿 The Inflation Reduction Act has introduced significant energy tax incentives, encouraging individuals to invest in sustainable energy solutions. These include: 🏠 Home energy-efficient upgrades: Tax credits of up to 30% for improvements like insulation, windows, and energy-efficient heating systems. 🚗 Clean vehicle credits: Up to $7,500 for new electric vehicles and $4,000 for used ones. With many states offering additional rebates, taxpayers have a unique opportunity to reduce costs while transitioning to cleaner energy solutions. However, navigating these credits requires careful planning and expertise. 💡 Curious about how these credits work and how they can save you or your clients money? 📖 Read the full article: https://lnkd.in/dQH4cMsP                                                      #TaxCredits #CleanEnergy #Sustainability #InflationReductionAct

🌟 Exciting News! Learn all about the 45L Energy Efficiency Tax Credit with Specialty Tax Group's comprehensive guide! 💡 This article breaks down everything you need to know about this valuable tax credit, including eligibility criteria, benefits, and how to claim it. Don't miss out on maximizing your tax savings while contributing to a greener future! 🌿💼 #TaxCredits #EnergyEfficiency #SpecialtyTaxGroup

As many of you know, IRS Section 45L provides a generous federal tax credit for the construction of energy efficient homes. The Inflation Reduction Act (IRA) of 2022 extended the Section 45L tax credit for energy-efficient new and existing homes through Dec. 31, 2032. The act also increased the credit amounts and made some modifications to the requirements. To learn more, read the recent article written by Dave Shereda: https://bit.ly/3UOzxbb #section45L #45L #energy #energyefficiency #green #cleanenergy #ir #inflationreductionact #taxcredit #taxupdates #taxnews #trimerit

I wrote an article. My dad the electrician had many questions, but my mom is just very proud! Exempt organizations can benefit from new or modified IRA energy tax credits as they implement and operate new cleaner energy systems. Credits with a “direct pay option” can generate refunds for organizations that don’t pay federal tax. Here’s how. #IRA #cleanenergy #taxcredits

Alfred Johnson spoke with Facilities Dive about the finalized U.S. Treasury guidance governing the Inflation Reduction Act clean energy tax credits. Key takeaway: The new rules are creating a broader market and enabling a wide range of buyers to power the clean energy transition. More from Facilities Dive:  “‘The new, simpler IRA structure has broadened the market, attracting interest from a wider range of companies interested in buying IRA tax credits,’ Johnson said. He noted that participants now include not only some of the largest companies globally, but also smaller public companies, private businesses and family offices.” Here’s the full story: https://lnkd.in/gYMmtQUZ Get in touch with Crux to buy, sell, or manage your clean energy tax credits. 

Great news! The IRA tax incentives have encouraged more Americans to invest in energy efficiency and electrification. More to come when the rebates roll out and further expand access to clean energy technology. I was glad to discuss with CNBC https://lnkd.in/e4Mq9xf6

🌞 2024 Year-End Tax Planning Tip for Businesses: Solar Investment Tax Credit 💡 Did you know? For 2024, federal law offers a 30% #tax credit for #solar systems installed on residential and commercial properties! But here’s the catch—this credit drops to 26% for projects starting in 2033. 💡 Bonus for Vermont businesses: If your commercial solar project qualifies for the federal tax credit, you can also take advantage of the #Vermont tax credit—currently 24% of the federal investment tax credit for the Vermont-property portion. Ready to make the switch to solar? 🌍 Now's the time to take advantage of these savings before the credit drops! 🔗 https://buff.ly/4d4JXt7 #SolarEnergy #TaxCredits #VermontBusiness #SustainableFuture #CleanEnergy #GoSolar #VermontCPAs #DavisandHodgdon #VermontAccountant

🚨 New IRS Regulations: Clean Energy Tax Credits Made Accessible 🚨 The Treasury and IRS have finalized regulations enabling state and local governments, tribal entities, public schools, rural electric co-ops, and tax-exempt organizations to benefit from clean energy tax credits through elective pay (direct pay). This game-changing update: ➡️ Makes clean energy tax credits refundable for eligible entities. ➡️ Clarifies rules for co-investing in clean energy projects. ➡️ Provides flexibility for partnerships and co-owners to structure projects for maximum tax credit utilization. Noncorporate entities, including LLCs, can now co-own and operate clean energy projects while accessing these benefits. Proposed regulations are open for public comment, allowing further refinement. Let’s work toward a greener future with smarter investments! 🌱 https://lnkd.in/eWhh6c2V #CleanEnergy #TaxCredits #IRS #Treasury #Sustainability #RenewableEnergy #ElectivePay #TaxPolicy #GreenEnergy

This tax season, maximize your savings with federal tax credits through the Inflation Reduction Act! 🏠💰 The credits cover many of the same home energy upgrades that Energy Trust offers cash incentives for, meaning you can claim tax credits in addition to getting Energy Trust incentives for upgrades made in 2023. Don't miss out on this opportunity to save while making your home more energy-efficient! Learn more: https://lnkd.in/gybRY7dy #TaxSeasonSavings #EnergyEfficiency #Oregon"

Exempt organizations can benefit from new or modified IRA energy tax credits as they implement and operate new cleaner energy systems. Credits with a “direct pay option” can generate refunds for organizations that don’t pay federal tax. Here’s how. #IRA #cleanenergy #taxcredits