The 45Z Clean Fuel Production Tax Credit offers renewable fuel producers a powerful financial incentive for reducing greenhouse gas emissions, with potential benefits of up to $1 per gallon. However, to qualify for the full enhanced rate, taxpayers must meet strict Prevailing Wage and Apprenticeship (PWA) standards. Understanding and planning for these requirements is crucial, as proactive compliance can help avoid penalties and ensure maximum credit.
Read more from Danielle Anderson and Rebecca Johnson, CPA on how producers can confidently claim these increased benefits, in the most recent Carbon Column in Ethanol Today.
