Harnessing Tax Incentives for Advanced Manufacturing & Energy Projects: A Deep Dive into Section 48C and Section 45X

Webinar Recording

April 4, 2024

Listen to us for an insightful webinar where we explore two key energy tax credits: Section 45X Advanced Manufacturing Production Credit (Section 45X) and Section 48C Advanced Energy Project Credit (Section 48C). These energy tax credits offer substantial opportunities for businesses involved in industrial manufacturing, especially ones interested in investing in energy efficiency. Learn how to leverage these tax credits to optimize your tax savings or boost your bottom line through new methods of monetization.

Our expert panel will provide comprehensive guidance on eligibility criteria, application processes, credit calculations, and key deadlines. Do not miss this chance to stay ahead in the competitive landscape of energy tax credits and incentives.

Learning Objectives:

  • Understand the scope and eligibility criteria for Section 45X, including qualifying components and phasedown schedules.
  • Explore utilizing direct pay and transferability options for Section 45X credits.
  • Grasp the breadth of Section 48C and its application process, including allocation awards and project certification.
  • Gain insights into qualifying advanced energy projects and the specific criteria for claiming Section 48C credits.
  • Stay informed about the latest updates, deadlines, and phases of the Section 48C funding application process.

Martin Karamon

Tax Credits & Incentives Advisory Leader

Partner, Cherry Bekaert Advisory LLC

Timothy Doran

Tax Credits & Incentives Advisory

Director, Cherry Bekaert Advisory LLC

Contributors

Martin Karamon

Tax Credits & Incentives Advisory Leader

Partner, Cherry Bekaert Advisory LLC

Timothy Doran

Tax Credits & Incentives Advisory

Director, Cherry Bekaert Advisory LLC