Inflation Reduction Act: Learn the Benefits for Transportation, Logistics

  • Logistics
  • 2/21/2024

The Inflation Reduction Act is a game changer for investing in clean energy, offering new tax incentives, and financing opportunities.

The Inflation Reduction Act is a game changer for investing in clean energy, offering new tax incentives, and financing opportunities. Just about any organization can benefit, including many transportation and logistics companies.

The Inflation Reduction Act enacted and modified several federal clean energy tax credits and made them refundable and transferable. The range of credit-eligible activities is expansive, covering everything from solar panels to electric vehicles. 

The IRA provides tax credits to spur clean energy, domestic manufacturing, economic revitalization, and well-paying jobs. It also creates new opportunities to turn these credits into cash.

Learn how your company can benefit from the Inflation Reduction Act

Interested in learning how your company might benefit? Explore our new Inflation Reduction Act Resource Hub, a detailed webpage explaining the act, its benefits, and how businesses may qualify for tax credits and project financing.

Our team is also hosting a webinar March 7 explaining options for monetizing the IRA’s clean energy credits. Learn more about the webinar and sign up here.

We’ve also published two articles detailing some of the act’s benefit options:

How we can help

CLA’s energy tax services team can help your organization navigate the IRA and capture available benefits. Contact us for more information.

This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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