Key Takeaways
- There are many opportunities for organizations to reduce income tax liability and increase cash flow with available business credits and incentives.
- Recent legislation, including the Inflation Reduction Act, has materially increased the amount and availability of these incentives.
- The Business Credits and Incentives Assessment will help you identify which tax credits and deductions are right for your organization.
A Helpful Assessment to Get You Started
Organizations can optimize their financial situation by leveraging business credits and incentives, potentially lowering income tax liabilities and boosting cash flow. Even exempt organizations can receive direct cash refunds for certain tax incentives.
Understanding eligibility and maximizing these benefits is crucial, especially in light of recent legislation like the Inflation Reduction Act, which has expanded the availability and magnitude of these incentives.
Our Business Credits and Incentives Assessment will help you identify which tax credits and deductions are right for your organization, which may include:
- Research & Development Tax Credit
- New Energy Efficient Home Credit (Section 45L)
- Commercial Buildings Energy-Efficiency Tax Deduction (Section 179D)
- Carbon Capture Sequestration Credit (Section 45Q)
- Clean Energy Investment Credits (Section 48)
- Employee Retention Credit (ERC)
- Export Tax Incentives (IC-DISC and FDII)
- Utility Sales Tax Exemption Studies
- Clean Energy Production Credits (Section 45)
- Low Income Housing Credit (Section 42)
- Cost Segregation
- Fixed Asset Services
The Business Credits & Incentives Assessment includes a series of questions regarding your organization's past and future activities. After completion, you'll find out which incentives your organization may qualify for and one of our advisors will connect with you to discuss the results and how to best move forward.