There are numerous federal tax incentives designed to encourage businesses to invest in energy-efficient assets and alternative energy. The incentives include tax credits, cash grants in lieu of credits, immediate expensing of asset costs, and favorable tax depreciation. Many of the incentives are applicable to a broad range of businesses and include:
- Alternative Motor Vehicle Credits
- Plug-In Electric Vehicle Credits
- Energy Efficient Commercial Building Property Deduction
- Energy Investment Credit for Geothermal Property
- Energy Investment Credit for Solar Property
- Energy Investment Credit for Wind Property
- Energy Investment Credit for Combined Heat and Power Systems
This live webcast will provide tax professionals and business executives with a comprehensive overview of these incentives. Advanced registration is recommended as space is limited.
- Overview of the key changes in the revenue recognition rules
- Implementation requirements and considerations
- Key factors to consider in evaluating whether to early adopt and whether to adopt the new rules
prospectively or retrospectively
- New disclosure requirements and alternatives
This live webcast will provide accounting and related professionals with a comprehensive overview of applying the new revenue recognition rules. Advanced registration is recommended as space is limited.
Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code:103969
Matthew J. Grigsby, CPA, MST
Senior Tax Manager
Arnold E. Grant
Partner
Gregory F. Jenner
Partner
Todd B. Reinstein
Partner
Terry Hudgins
LEED-AP Senior Manager, Climate Change and Sustainable Services
- Investment in alternative-energy assets: tax incentives available for solar, wind, geothermal and combined heat & power systems
- Energy-efficient commercial building deduction: what qualifies and how to get the deduction
- Available structuring alternatives to maximize tax benefits
- Qualifying for Section 1603 cash grants in light of scheduled sunset provisions
- Qualifying expenditures for purposes of Section 1603 calculations
- Tax implications of power purchase agreements under Section 7701(e)
- Proposed Legislation on 48C and grants
- It's ALL about Energy....your energy footprint is your carbon footprint--real $$$
- Improve your ROI by talking with the TAX Department
- Incentives, grants come in all colors and sizes--investigate BEFORE you start your project
- Incentives and tax deductions on a federal, state and local level can be stacked and maximized
- You are leaving money on the table if you do not pursue
- Will 1603 be extended or modified and, if so, what might it look like?
- Blumenauer bill
- Schumer proposal
- Others
- How might transactions be structured in a post-2010 world if:
- 1603 still exists, or
- 1603 has effectively sunsetted?
- CPAs
- Corporate Tax Professionals & Finance Executives
- Enrolled Agents
This is a must attend event to anyone interested in understanding the latest updates on Green Incentives.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A