Webcast overview
The Inflation Reduction Act (IRA) extended, expanded, and brought into the code a broad range of clean energy tax incentives. Until now, tax-exempt organizations were generally not able to benefit from clean energy tax incentives. However, the IRA included not only more than $350 million in new and expanded clean energy incentives, but it also added a 鈥渄irect pay鈥� (refundability) option to many clean energy tax credits so that聽tax-exempt organizations, like hospital systems, may benefit by receiving cash payments for unused credit amounts. State and local government entities may also take advantage of the IRA鈥檚 clean energy incentives.
Please join a panel of 乐鱼(Leyu)体育官网 professionals for a webcast providing an overview of the new clean energy incentives, including guidance recently issued by Treasury and the IRS, and a discussion of new opportunities for hospitals to make use of these tax benefits for financing clean energy projects, including:
- Investments in solar, wind, geothermal, and other clean energy generation technologies
- Purchase of alternative fuel vehicles and recharging stations
- Construction of new 鈥済reen鈥� buildings and rehabilitation of older buildings with energy efficient lighting, HVAC, or certain other systems.