Recent legislation, through the Inflation Reduction Act (IRA), greatly enhanced and created energy tax credits and incentives available to many industries through the U.S. For the industrial manufacturing industry, two energy tax credits that stand to provide incredible advantages are the Advanced Manufacturing Production Credit: Section 45X and Advanced Energy Project Credit: Section 48C. Cherry Bekaert’s Energy Tax Credits and Incentives team will provide valuable insights into the world of advanced manufacturing and energy credits, equipping you with the knowledge to optimize your tax strategy and boost your bottom line.
In this webinar, our team will cover:
- Gain a deep understanding of advanced manufacturing and advanced energy tax credits, including eligibility criteria, application processes and key compliance requirements
- Learn how to strategically integrate advanced tax credits into your industrial manufacturing operations to reduce tax liabilities, enhance cash flow and improve overall financial performance
- Understand best practices for documentation, reporting and auditing to remain in compliance
