KBKG - Tax Credits, Incentives, & Cost Recovery

Section 45X of the Inflation Reduction Act aims to provide advanced manufacturing production credits to domestic producers of specific clean energy components, which will strengthens America’s energy independence and create opportunities for investment in domestic supply chain as well as clean energy manufacturing jobs.

See how you can power up your business with Section 45X >> https://hubs.ly/Q02QybGV0

Protecting R&D claims requires an understanding as to how the IRS approaches them, and knowing how to prepare for an audit can be the difference in whether money will be owed to the IRS.

Watch this webinar to learn how to prepare for a potential audit >> https://hubs.ly/Q02Q2S-N0

By paying employees the current prevailing wage, designers can maximize their 179D benefits of up to $5.65 per square-foot for energy-efficient designs on tax-exempt commercial buildings.

See how prevailing wages impacts your 179D claim >> https://hubs.ly/Q02Q2xfN0

Navigating the R&D Tax Credit can be complex, time-consuming, and overwhelming, but following this four-part test allows you to seamlessly check your potential eligibility before investing your time.

Confirm your eligibility with KBKG >> https://hubs.ly/Q02PfV630

KBKG is in attendance at this year's RE+24!

As the largest event of its kind in North America, attending RE+24 allows us to showcase how our solutions can help businesses navigate tax incentives in the solar energy, storage, and renewable energy space.

KBKG’s educational programs have resulted in architects taking advantage of the benefits of designing energy-efficient buildings, such as one firm claiming more than $2 million in tax incentives through our guidance of the 179D Tax Deduction.

Learn why architects continually trust KBKG >> https://hubs.ly/Q02PfBFq0

Don’t miss out on being rewarded for your research activities! In just a few clicks, you can receive a free estimate on how much you can lower your tax liability with the R&D Tax Credit.

Check your potential savings here >> https://hubs.ly/Q02Nw7360

Our Principal Alex Martin was recently featured in the Financial Times and Bloomberg to provide his expert perspective on the landmark decision involving a $6 billion Coca-Cola tax court case.

Read more on his analysis >> https://hubs.ly/Q02NvSRy0

ASHRAE 90.1 determines the energy-efficiency criteria that designers need to meet to reap the benefits of 179D, and with 2007 standards currently in place, many designers could be missing out on huge financial savings for their current and past projects.

Learn how designers should capitalize on this deduction >> https://hubs.ly/Q02M-k-M0

Join us for an exclusive event coming up, as our Principal Amar Patel joins industry experts from Windes to discuss how you can benefit from various energy tax credits, or even monetize them by buying and selling renewable credits.

Be sure to register and learn about the latest market insights!

Secure your spot today >> https://hubs.ly/Q02MP9gt0

States that offer R&D Tax Credit benefits generally follow the federal regulations and IRS guidance for certifying claims. However, there are states that make an exception to the federal policies, and it is important to know whether your state follows those guidelines so you can maximize your return.

Check out your state here >> https://hubs.ly/Q02MzCtD0

The R&D Tax Credit serves as a powerful tool that significantly boosts a company’s bottom line, but there are many misconceptions that prevent businesses from claiming the credits it deserves.

See which of your R&D investments qualify >> https://hubs.ly/Q02LLhBb0

Recent legislation now allows solar developers to monetize their investments with various tax credits that can be sold to another eligible taxpayer.

Discover how KBKG helps developers qualify for selling solar tax credits >> https://hubs.ly/Q02LLh2p0

KBKG is attending this year’s PrimeGlobal Western Roundtable and we couldn’t be more excited! This event will allow us to better serve our partners by learning about the latest trends and industry knowledge.

See how these insights can deliver better tax solutions for you >> https://hubs.ly/Q02LjQK00

A Cost Segregation study can provide investors with huge tax savings by classifying depreciable assets and with KBKG’s Cost Segregation calculator, you can estimate your federal income tax savings for free!

Calculate your future savings today >> https://hubs.ly/Q02KPR5k0

KBKG Tax Insight: With the IRS putting out its latest ERC notice, our Principal, Ian Williams, explains whose ERC claim may be at risk and what to do if you receive disallowance letter.

Learn how this ERC update may impact your claim >> https://hubs.ly/Q02KSwc80

There are many risks involved in the selling and buying of energy tax credits, and understanding the facts behind these transactions can help mitigate those risks.

Learn how to protect your solar investments today >> https://hubs.ly/Q02KrxwD0

In the latest KBKG Tax Insight, our Principals Eddie Price and Amar Patel discuss the impacts of declining bonus depreciation rates and how real estate investors can reduce taxable income.

Discover how your real estate investments can lead to increased tax savings >> https://hubs.ly/Q02Kr6Ns0

Join us for an exclusive webinar as our Principal, Sumit Sharma, presents on Cost Segregation & 179D Tax Deductions! This presentation will be packed with invaluable insights on accelerating depreciation and environmental sustainability, so don’t miss this opportunity to learn more on strategic tax planning.

Click here for more details on this event >> https://hubs.ly/Q02JYs-D0

Last week, our Pasadena team celebrated its annual summer event, full of fun and special moments.

After spending time on the sunny California beaches, where the afternoon was filled with good food and good company, we are ready for another busy season upon us!

KBKG Tax Insight: With the Senate vote on the Tax Relief for American Families and Workers Act failing, our Principal, Jon Tucker, discusses how this impacts expensing R&E expenditures and the accelerating of depreciable of assets.

Learn more about how the Senate's ruling affects businesses nationwide >> https://hubs.ly/Q02JQvpW0

KBKG Tax Insight: As another tax season approaches, our Principal, Jon Tucker, talks about expensing 174 expenditures and what CPAs should look out for on a business’s income statements and balance sheets.

Learn how to help your clients expense or capitalize their financial statements by identifying eligible 174 expenses >> https://hubs.ly/Q02J6t2q0

Thank you Denise LeDuc Froemming for visiting our Pasadena headquarters!

As President of CalCPA, her insights on the current trends and developments in our industry have provided us with knowledge to better serve our partners. We can't wait for the next opportunity to host!

To help developers maximize their investments in the solar market, KBKG has created a guide on how to leverage the Inflation Reduction Act to maximize Clean Energy Tax Credits and the importance of working with certified tax professionals.

Learn more on how the IRA expanded the eligibility of transferable tax credits >> https://hubs.ly/Q02HR4nW0

KBKG Tax Insight: Our Principal, Amar Patel, reacts to a recent IRS warning about an increased volume of scams surrounding Energy Tax Credit transfers. To manage risks effectively, consider these issues:

1) Regulatory Compliance
2) Risk Management
3) Tax Implications

Learn more about how to navigate the complexities of this emerging market>> https://hubs.ly/Q02HvgfN0

To qualify for the R&D Tax Credit, research activities must meet the four-part test, allowing eligible expenditures to be rewarded, which can result in claiming this federal incentive that is also available in most states.

Read more about the four-part test and claiming R&D >> https://hubs.ly/Q02F9dWY0

Business owners are often surprised to learn of the compelling tax savings a cost segregation study offers. While there are many others, below are three of the most prominent benefits:

- Cash Flow: Generates immediate increase in cash flow through accelerated depreciation tax deductions
- Write Off: Quantifies a property’s major components and leasehold improvements so they can be written off when replaced or renovated
- Review: Provides an independent third-party analysis that will withstand an IRS review

Download to learn more about a cost segregation study’s benefits >> https://hubs.ly/Q02F7mzZ0

Under new regulations from the IRS, designers looking to claim the 179D Tax Deduction must now attach Form 7205 when filing, as the form contains specific information about the certification and allocation process.

KBKG has helped designers claim 179D for years, so contact our experts today to learn more >> https://hubs.ly/Q02F4nD80

From all of us at KBKG, we want to wish everyone a happy, healthy, and safe Fourth of July holiday!

The IRS recently issued a much-needed update on the status of ERC processing, and our Principal, Ian Williams, has summarized the key points from the update and what those looking to claim ERC should look out for.

Learn more >> https://hubs.ly/Q02F3p2v0