Inflation Reduction Act: Reducing carbon footprint and tax liability
LIVE WEBCAST | September 21, 2022
Authored by RSM US LLP
The recently passed Inflation Reduction Act of 2022 provides a surge to clean energy in the form of $369 billion in spending meant to encourage domestic investment in renewable technologies and clean energy. With 29 unique tax provisions, the IRA will potentially benefit investments across a wide range of industries.
Join us Wednesday, Sept. 21, for a 60-minute webcast discussing how middle market companies can reduce both their carbon footprint and their tax liability through application of the new incentives. RSM professionals will explain new opportunities for:
- Tax credits on clean fuels, clean electricity, clean vehicles and more
- Job creation for manufacturing of clean energy property
- Monetization of credits via transfer to those who can utilize them
- Clean energy investment by tax-exempt and government entities
Dana C. Jackson | Partner | RSM US
Deborah Gordon | Principal | RSM US
Date and time
Wed, Sep 21, 2022
1 p.m. EDT | Noon CDT
Chief financial officers, finance and tax professionals
Contact us at one of our locations or fill out the form below and we'll contact you to discuss your specific situation.
This article was written by RSM US LLP and originally appeared on 2022-09-21.
2022 RSM US LLP. All rights reserved.
The information contained herein is general in nature and based on authorities that are subject to change. RSM US LLP guarantees neither the accuracy nor completeness of any information and is not responsible for any errors or omissions, or for results obtained by others as a result of reliance upon such information. RSM US LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect information contained herein. This publication does not, and is not intended to, provide legal, tax or accounting advice, and readers should consult their tax advisors concerning the application of tax laws to their particular situations. This analysis is not tax advice and is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each is separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/about us for more information regarding RSM US LLP and RSM International. The RSM logo is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
Johnson & Sheldon, PLLC is a proud member of the RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise and technical resources.