Eide Bailly Inspired Perspectives | Inflation Reduction Act: Energy Incentives in the Built Environment

Course Description: The Inflation Reduction Act of 2022 provides significant incentives for renewable energy technology and domestic investments. Energy efficiency incentives including 179D and 45L were expanded and extended; and you might qualify. During this session we will share how the incentives may impact your investment in clean, renewable energy technology. Fixed asset planning provides organizations a way to identify deductions and tax credits that maximize cash flow and reduce income tax liability. Opportunities arise when looking at building and building improvement assets that are associated with a building purchase, new construction or renovation. You may qualify for these valuable incentives. Learning Objectives: Discuss new energy incentives and revitalized energy incentives funded by the act. Identify opportunities to monetize credits. Summarize 179D and 45L qualifications and benefits. Explore new opportunities for tax exempt and government entities.