Tax Advisory Support

One-on-One Tax Advisory Support with CliftonLarsonAllen

CLA is offering one-on-one sessions to help property owners & project developers during the project planning stage to gather information about potential Inflation Reduction Act tax incentives. If you are interested in a one-on-one session with CLA, please complete the below form and a representative from PGCC and/or CLA will contact you to schedule a session.

Please email rghosh@phillygreencapital.org if you do not hear from someone within 3 business days. And if you need support with tax credit filing, please contact PGCC (rghosh@phillygreencapital.org). 

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Articles and Insights

9/9/2025 – The New Tax Law: How Government Can Still Use Energy Credits: CLA

Key insights:

• While the new tax law restricts and repeals some energy credits, state and local governments can still use some of the significant benefits if they act quickly.
• State and local governments can still claim direct pay credits for qualifying energy projects if they follow the updated timelines.
• New rules require state and local governments to vet their suppliers and vendors to verify they don’t violate Foreign Entity of Concern rules.

8/22/2025 – Transferable Energy Credits Remain Key After OBBBA: CLA

Key insights:

• The market for transferable clean energy credits is expected to remain a powerful cash strategy for developers and investors, even with changes made under the One Big Beautiful Bill Act (OBBBA).
• OBBBA preserved the framework for credit transferability while introducing new conditions, such as restrictions on transfers to certain foreign entities and faster deadlines for wind and solar projects.
• Sections 45X and 45Z, which support clean energy manufacturing and clean fuel production, are becoming popular because they offer steady credits, flexibility, and lower risks.
• Over the last 12 months, CLA has worked on close to 60 credit transactions, offering insight into how the transfer market operates.

7/5/2025 – Tax Bill Highlights and What It Means for Tax Strategy: CLA

The market for transferable clean energy credits is expected to remain a powerful cash strategy for developers and investors, even with changes made under the One Big Beautiful Bill Act (OBBBA).

OBBBA preserved the framework for credit transferability while introducing new conditions, such as restrictions on transfers to certain foreign entities and faster deadlines for wind and solar projects.

Sections 45X and 45Z, which support clean energy manufacturing and clean fuel production, are becoming popular because they offer steady credits, flexibility, and lower risks.

Key Insights:

• Now is the time to act: connect with your CLA tax advisor to review your tax strategy, model scenarios, and prepare for implementation.
• The One Big Beautiful Bill Act (OBBBA) has officially been signed into law.
• Major changes include extensions of key tax provisions, enhanced business deductions, and more.

5/12/25 – Energy-Efficient Design: The Section 179D Deduction: CLA

Discover how the Section 179D deduction can boost energy efficiency and profitability for commercial real estate owners and investors.

5/6/25 – Will the GOP Save Clean Energy Tax Credits: CLA

Key insights:

• Clean energy developers and investors face uncertainty regarding the future of tax credits in light of President Donald Trump’s energy agenda.
• But a growing number of Republicans in Congress are expressing their support for clean energy projects and related tax credits.
• While a full-scale repeal of energy credits seems unlikely, organizations should plan for some changes.

2/18/25 – Clean Energy Credits: The Section 45Y and 48E Transition: CLA

Key insights:

• As of January 1, 2025, many clean energy credits have transitioned to a new statutory and policy framework focusing on “technology-neutral” facilities.  
• Recent final regulations under Sections 45Y and 48E have addressed many questions organizations voiced regarding the transition to the new rules. 
• The transition may present challenges for organizations as they work through the technical and practical aspects of the new framework. 

7/24/23 – Inflation Reduction Act Credit Monetization Programs Take Shape: CLA (CliftonLarsonAllen)

Key insights:

• The Inflation Reduction Act created unprecedented opportunities to monetize renewable energy tax credits.
• Taxpaying and tax-exempt entities can qualify for direct cash payments and credit transfers.
• IRS recently issued guidance outlining how these monetization programs will work.
• The process for claiming these benefits is new, so be sure to work with an advisor to help you navigate.

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Webinars

7/16/25 – CLA Outlook: Planning Opportunities With the New Tax Law

At the end of this video, you’ll be able to:

• Individual and Business Tax Provisions
  • Identify which Tax Cuts and Jobs Act (TCJA) items were extended or enhanced and how that could impact your tax planning
• SALT Cap Changes
  • Review the changes to the state and local tax (SALT) deduction cap and the implications for taxpayers
• Choice of Entity Considerations
  • Discuss the considerations for choosing the right entity structure, analyzing Sections 1202, 199A, and the 21% corporate tax rate
• 2025 Estimates and Accounting Methods/Elections
  • Recall key accounting methods and elections that may shape your financial strategies
• Cost Segregation and Bonus Depreciation
  • Identify cost segregation opportunities, including bonus depreciation and Qualified Property Provisions (QPP)
• Energy Credits
  • Recognize the law’s changes to energy credits enacted under the Inflation Reduction Act
• Employer Reporting Responsibilities for Overtime/Tip Provisions
  • Identify employer reporting responsibilities related to overtime and tip provisions

5/21/25 – Unlock Credits and Incentives for Business Growth: CLA

Topics covered:

• R&D credits
• Energy credits
• Work Opportunity Tax Credit
• State credits/incentives

9/24/24 – Green Energy Credits for Connecticut Governments: CLA

In this complimentary webinar, CLA’s energy services team will distill this landmark legislation and outline how your organization can take advantage of its benefits. In addition, we’ll highlight some important Connecticut-specific programs.

6/28/24 – Direct Pay Credit Opportunities for Higher Education: CLA

In this on-demand webinar, CLA reviewed what credits are available under the IRA, how they can be claimed, and various issues institutions need to keep in mind when pursuing IRA incentives.

6/27/24 – Clean Energy Credits for Tax-Exempt Organizations: CLA

In this on-demand webinar, CLA will explain what credits are available under the IRA, how various projects and activities can qualify for energy credits, and how to enhance tax credit opportunities for tax-exempt entities.

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