Description
Understand the Inflation Reduction Act timelines and how it compares to the current IRA version.The passage of the Inflation Reduction Act of 2022 (IRA) has transformed energyefficient tax incentives for commercial real estate. The IRA will alter and amplify the 179D Deduction and the Section 45L Tax Credit. Moving forward, CPAs will need to be able to guide their clients in navigating these significant changes. Most provisions will take effect on 112023, but some have taken effect retroactively, so it’s crucial to understand the new program timelines. In this presentation, we will compare the current version of each incentive to the IRA version, addressing changes to reference standards, calculation of incentives, documentation procedures, and more. We will also discuss new exciting initiatives, including utility sales tax recovery, CPACE, and more. We will cover numerous reallife case studies, and a variety of reference tables and timelines will be provided.
Date: 2022-12-14 Start Time: End Time:
Learning Objectives