Maximizing Clean Energy Tax Credits
Investment and Production tax credits can deliver tax saving, but understanding eligibility and which ESG tax credit will best benefit your company is complex. Aprio helps you navigate the requirements with a clear strategy and sound advice.
Jiyoon Choi
Senior Tax Manager, ESG Tax
Dedicated ESG expertise you can count on
Aprio’s ESG tax advisors help industrial companies and others in the manufacturing and distribution industry proactively leverage new and valuable clean energy-related tax credits.
Start-ups and mature businesses alike count on Aprio’s dedicated, FSA Certified team members for clean energy tax credit guidance. We help you select, claim and apply for the right investment and production tax credits that can maximize tax benefits.
What are clean energy tax credits?
Laws governing ESG and issues effecting the supply chain constantly change. Now is the time for businesses with projects related to clean energy to analyze tax saving opportunities under the Investment and Production tax credits.
How we can help
The complex and lengthy list of qualifying categories causes many companies to give up on claiming ESG tax credits. Aprio helps ease the burden, guiding you through every step of the process from determining eligibility to implementation. Our ESG Tax services include:
Initial Assessment
A three-step process that includes education on eligibility requirements, a cost-benefit analysis to determine if pursuing the credit process makes sense and a scenario analysis to determine whether the Investment or Production tax credit best suits your business.
Value Calculation & Documentation Support
Calculating the value of the credit to file within your tax return and preparation of supporting documentation for audit readiness.
Application Process Assistance
Submitting concept papers, filing of the actual application for the Investment tax credit and post-acceptance procedures, including notifications and, if applicable, transferring tax credits.
Tax Governance Structuring
Reviewing tax governance structure and providing recommendations on setting up a tax governance for multi-national companies.