Inflation Reduction Act deadlines – Preserve your tax credits
The end of this year is a significant deadline for any projects seeking clean energy tax credits under the Inflation Reduction Act (IRA). Construction on projects must commence before the close of 2024 to be eligible for the existing investment tax credit and production tax credits, prior to the transition of the IRA credit regime toward technology-neutral credits.
On May 1, 2024, presenter’s Doug Baldessari and Bob Hofacker discussed the key 2024 deadlines and strategies project owners can implement to protect and enhance the value of IRA tax credits. Is your organization planning or currently building a clean energy project? This on-demand discussion is for you.
The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.
