If you plan to receive direct pay or sell your 45Z tax credit, you must first register for a Clean Energy Account with the IRS. Review the steps below to find the information you need to begin this process. Set Up Your Clean Energy Account Submit Your Registration Package Currently required information for 45Z: Important notes: Please Note, the IRS may update requirements at any time (User Guide currently… Continue Reading
Tax and Funding Incentives
The Overlooked Step to Max Out Your 45Z Credit
Renewable fuel producers may be excited about using the 45Z Clean Fuel Production Credit, might overlook a valuable option—reducing their facility’s electricity emissions by using Energy Attribute Certificates (EACs). By strategically using EACs, producers can further lower their CI score and qualify for a higher tax credit value. If EACs are not part of your… Continue Reading
Unlocking the Full Potential of the 45Z Tax Credit: Navigating Prevailing Wage and Apprenticeship Requirements
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,… Continue Reading
Navigating What The OBBBA Means for Businesses
The “One Big Beautiful Bill Act” (OBBBA) introduces several important tax changes for businesses starting in 2025. Here’s a simplified summary of the key provisions: Depreciation & Expensing Research & Development Energy & Clean Technology Credits (Ending Soon) Other Business Provisions
What Individuals Need to Know About the “One Big Beautiful Bill”
On May 22, the House passed its version of the “One Big Beautiful Bill” (OBBB) which included a large section on tax extenders. Last week, the Senate Finance Committee passed its version of tax provisions, with the full bill expected to go to a floor vote before June 28. Now, both chambers will work to… Continue Reading
Christianson CPAs and Consultants to Speak at the 2025 Fuel Ethanol Workshop & Expo
We are thrilled to announce that several of our knowledgeable staff at Christianson CPAs and Consultants have been selected to speak at the 2025 International Fuel Ethanol Workshop & Expo (FEW). This prestigious event, now in its 41st year, is the largest gathering of private and public sector ethanol professionals in the world. It provides… Continue Reading
