Not-for-profit organizations have a unique opportunity to benefit from the Inflation Reduction Act of 2022 (IRA). This legislation was designed to make renewable energy projects more affordable and accelerate the transition to a low-carbon future.
Join our webinar on December 12, where not-for-profit experts from Sikich and Tri-Merit will explore renewable energy tax credits and how they can benefit your organization. We'll discuss:
- The benefits of renewable energy tax credits for not-for-profit organizations.
- The eligibility requirements and compliance procedures.
- The direct pay option under the IRA, which allows tax-exempt organizations to receive cash payments from the IRS instead of tax credits.
- Guidance on how to apply for and maximize your eligible credits.
- Accounting considerations, including recognition and disclosure.