Energy-related tax incentives continue to evolve, creating both opportunities and complexity for taxpayers, real estate owners and advisors. Recent legislative updates, regulatory guidance and IRS enforcement trends have made it more important than ever to understand how these incentives can be strategically identified, documented and claimed.
Cherry Bekaert’s professionals provide an in-depth update on key energy-related tax incentives, including Inflation Reduction Act (IRA) Energy Credits, Section 179D deductions and cost segregation strategies. Receive practical insights into how these incentives intersect, where risks and planning opportunities exist, and how taxpayers can align energy investments with broader tax and business objectives.
Learning Objectives:
- Understand the state of the market for transferable energy credits that may be purchased by C corporations at a discount.
- Review the direct/elective pay provisions allowing nonprofits and municipalities to receive IRA tax credit benefits.
- Explore the recent developments related to the Section 179D Energy Efficient Commercial Building Deduction.
- Identify opportunities to integrate cost segregation with energy-related incentives, and understand how timing, property use and asset classification impact potential tax benefits.
- Recognize key risk areas and compliance considerations, including documentation standards, audit exposure, and coordination among advisors, engineers and property owners.
