How to Help Your Clients Claim Energy Credits Over the Next 10 Years
Author: Annette Nellen
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2025 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
The Inflation Reduction Act of 2022 added and modified several energy credits. The qualification rules are multi-faceted and complex and in the law through 2032. This course covers the residential and vehicle credits applicable to individuals, tips to offer to clients and questions to ask to be sure clients qualify. Due diligence and planning considerations are addressed.
Publication Date: January 2023
Topics Covered
- Overview to IRA 2022 energy credits
- Residential energy credits
- Clean vehicle credits and Refueling property credit
- Energy rebate programs
- Planning and due diligence aspects of credits modified, added and extended by the Inflation Reduction Act of 2022
- Resources
Learning Objectives
- Explain the qualifications for residential and vehicle tax credits available to individuals
- Identify due diligence and planning considerations relevant to recently enacted and modified energy credits
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
