Proposed regulations aim to facilitate tax credits for clean hydrogen production. To receive hydrogen production tax credits, producers are required to obtain emissions values from the DOE. This move highlights the delicate balance between environmental standards and industrial growth in the hydrogen industry.

Significant impact on the hydrogen industry

Navigating the IRA’s latest supplemental rule around hydrogen production tax credits

Explore how tax-exempt organizations can navigate section 6417 of the Inflation Reduction Act to maximize their benefits. The elective payment mechanism for applicable credits can affect the taxable year for non-filing entities and the treatment of grants and forgivable loans for clean energy projects.

How to navigate IRA section 6417 to maximize its full benefits

Tax-exempt organizations have a new cash flow opportunity

The advanced manufacturing investment tax credit (section 48D) provides a direct dollar-for-dollar tax reduction in hopes of boosting U.S. manufacturing, particularly in semiconductors and renewable energy, under the Inflation Reduction Act.

IRA tax reduction opportunity for semiconductors and renewable energy

What is the advanced manufacturing investment tax credit (section 48D)?

The IRA’s introduction of section 6418 in the Internal Revenue Code allows for the transferability of certain renewable energy tax credits, marking a departure from traditional tax incentives while promoting renewable energy investments.

Understanding the proposed rules for transferring renewable energy tax credits

The Inflation Reduction Act (IRA) has had an impact on renewable energy development. Specifically investment tax credits (ITCs) and production tax credits (PTCs). Understand the benefits, risks and more in this informative article

Exploring the many benefits of investment and production tax credits

IRS Notice 2024-20 provides guidance regarding the section 30C alternative fuel refueling tax credit. The definitions provided greatly expand the physical locations within the U.S. where alternative fuel refueling property can be credit-eligible. 

Electric vehicle charging stations impacted by section 30C alternative fuel refueling tax credit

Watch this video for help with the IRA and CHIPS Act tax credits pre-filing registration tool. 

Step-by-step video for state and local governments, tribes, higher education institutions and not-for-profits

Pre-filing registration portal for Inflation Reduction Act credits: A how-to guide

Robert Moczulewski, tax director with Baker Tilly, has been with the firm since 2000. For 23 years, Bob has specialized in providing tax planning services and is a member of the firm's construction and real estate services and specialty tax services.

Robert Moczulewski, tax director with Baker Tilly, has been with the firm since 2000.

Fixed asset and IRA22 energy and CHIPs credits technical leadership tax along with Sections 179D and 45L planning and implementation

Cost segregation leader in the greater Wisconsin region providing more than 300 annual engagements. Started the Baker Tilly practice when joining the firm

Concentrated experience with real estate partnerships including special allocations of income/loss and minimum gain calculations. Specializing in real estate developers and contractors in affordable housing, hospitality, residential and commercial markets

Specializes in clients that are real estate developers and contractors including those in affordable housing, hospitality, residential and commercial markets

Directs tax service engagements for 20 major clients. Total taxpayer filings in excess of 200 that range from consolidated corporations, extended family businesses, multi-investor partnerships to simple real estate LLCs

Extensive experience with real estate partnerships including special allocations of income/loss, minimum gain calculations and compliance reporting for low-income housing tax credits

Consults in numerous accounting methods including depreciation, repair and maintenance, intangible assets, construction and cash/accrual issues

Provides technical research and report support to low-income housing and historic rehabilitation tax credit consulting practice

Multistate tax planning for corporations and pass-through entities

Concentrates efforts to deliver exceptional service, extensive client communication, and completed projects to meet and exceed expectations

American Institute of Certified Public Accountants

Baker Tilly International, Cost Segregation Committee

Wisconsin Institute of Certified Public Accountants

Robert Moczulewski

Location

Milwaukee, WI

Education

Expertise