Increase Cash Flow: Credits & Incentives for Residential, Affordable Housing, & Senior Living For-Profit Industries

Description

Looking for ways to reduce your tax liability, increase cash flow, and save on utility bills? This webinar will discuss some of the most widely available tax credits and deductions for your organization including energy incentives, utility sales tax exemptions, and employee incentives. The government has passed unprecedented energy legislation these past two years ushering in the upcoming climate economy. During this session you will learn about those energy incentives in the built environment that apply to you. Those who are building new, renovating, or improving their property are welcome to join and learn if they are eligible to participate in the Energy Incentive Program. We will also discuss how the Employee Retention Credit can be stacked with these incentives. Join us to learn more about these valuable credits and deductions including the Energy Incentive Program, ERC and Utility Sales Tax Exemption Studies, and whether your organization may qualify. Learning Objectives: Discuss the potential $800 billion in energy incentives within the Inflation Reduction Act of 2022. Summarize the Inflation Reduction Act enhancements of the Residential Energy Credit (Section 45L) and Building Energy Deduction (Section 179D). Explore case studies of how energy incentives can be implemented into your tax cashflow strategy. Discuss the new and improved Clean Energy Investment Tax Credit and how it applies to those renovating and building new facilities. List the benefits and qualifications for the Utility Sales Tax Exemption. Identify the Employee Retention Credits that are still available to you. Presenters: Mark Rogers, Principal, Business Credits & Incentives | Eide Bailly Mark has over 19 years of experience helping taxpayers identify and implement tax-saving strategies made available through building, acquiring, renovating and designing property. And now, courtesy of the Inflation Reduction Act, Mark is helping nonprofits and exempt organizations monetize energy incentives to help their funding. As a leader in the Business Credits & Incentives arena, Mark oversees a national team of CPAs, Professional Engineers, energy modelers, LEED professionals, architects, HERS raters and construction specialists. The BCI group has professionals with wide industry experience performing Research & Development, Employee Retention Credit, fixed asset planning, 179D energy deduction, cost segregation, 45L energy credit, 45Q CCS credit, tangible property regulations and construction tax planning studies. Jim Donovan, CPA, Partner-in-Charge of R&D Tax Incentives | Eide Bailly Jim has more than 20 years of tax consulting experience helping clients benefit from federal and state incentives, including credits for activities most consider a necessity to remain competitive in today’s global market. Jim oversees the employee retention credit and R&D tax credit practices and is a leader in the Business Credits & Incentives space. He also assists clients in sustaining their credits if examined by a federal or state authority. Jim has authored articles on tax incentives and actively presents on business credits and incentives at conferences and webinars. Joe Sawatske, HERS Rater, Principal, Energy Incentives | Eide Bailly Joe has over 15 years of experience in helping taxpayers realize tax incentives through the construction, renovation and design of energy efficient real estate. As the head of Eide Bailly’s Energy Efficiency Incentives (EEI) group, Joe oversees a national team of Professional Engineers, energy modelers, and HERS raters. The growing EEI group has extensive experience in performing 179D deduction, 45L credit and ENERGY STAR studies. Crystal Schultz, CMI, Senior Manager, Business Credits & Incentives | Eide Bailly Crystal has more than 20 years of sales and use tax consulting experience, helping our clients find unique and cost-effective solutions to their state and local tax issues. Crystal focuses primarily on sales and use tax but she has a wide array of experience across all states, assisting with sales and use tax audit defense, researching tax issues and identifying savings opportunities, including developing predominant use studies to assist clients in recognizing and supporting applicable exemptions. Shannon Breuer, CPA, HCCP, CEBS, Partner/Affordable Housing Industry Leader | Eide Bailly Shannon joined Eide Bailly in 1997 and works primarily with housing and real estate, specializing in federal and state income tax incentives for rehabilitation projects, affordable housing and multi-family dwellings. As our Affordable Housing Industry Leader, her expertise includes acquisition, disposition, subdivision or development issues, historic rehabilitation tax credits, low-income housing tax credits, tax planning and assistance with tax authority examinations. Shannon has presented as an instructor for several internal tax trainings for both Eide Bailly and a Big Four firm, as well as at external continuing professional education trainings. CPE Information CPE Credit: 1 Field of Study: Taxes Level of Knowledge: Basic Delivery Method: Group-Internet Based Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding a complaint and/or program cancellation policies, please contact Amy DeGeorge.