Energy Tax Credits
With the expiration of the Section 1603 U.S. Treasury Grant in 2011, investors and developers of solar, wind and other renewable energy projects are again looking to tax credits such as the federal Production Tax Credit (PTC) and the Investment Tax Credit (ITC) to help subsidize these projects. But tax credit structures are extremely complex, requiring guidance from experienced advisors with an understanding of both the accounting and renewable energy industries.
CohnReznick combines the resources of one of the largest tax credit advisory practices in the United States with those of a leading national renewable energy practice. This allows us to provide integrated solutions encompassing assurance, tax consulting and compliance that can help projects using renewable energy technologies become financially viable. We also help residential and commercial building owners benefit from energy-efficiency incentive programs such as the 179D tax deduction.
Read more about related services and personnel by visiting CohnReznick's Renewable Energy industry practice webpage.