This webinar is tailored for CPAs and tax professionals seeking specialized knowledge and skills in leveraging solar tax credits to help clients minimize both active and passive tax liabilities. The course covers several key areas:

• Solar Tax Credit and Bonus Depreciation: Attendees will be introduced to the investment tax credit (ITC) and the bonus depreciation qualification. The course will cover the fundamentals of these credits and depreciation benefits, including eligibility criteria and expiration dates.


• Solar Energy Systems: Participants will gain an understanding of the types of solar energy systems eligible for tax credits and bonus depreciation. The course will also highlight the differences between residential and commercial solar installations.


• Tax Planning Strategies: The course will present techniques for integrating solar tax credits and depreciation into comprehensive tax planning for both individual and business clients, with the aim of reducing tax liabilities.


• Calculating Tax Credits: Attendees will receive detailed guidance on calculating solar tax credits for various solar energy systems. The course will provide the formulas and rules for determining credit and depreciation amounts.


• Documentation and Compliance: Ensuring compliance is crucial when claiming solar tax credits and depreciation. Participants will learn about the necessary record-keeping, documentation of qualified expenses, and other compliance-related aspects.


• Future Trends and Updates: Staying current with changes in tax laws, regulations, and solar energy policies is essential. The course will address potential changes that may affect the availability or value of solar tax credits.

By completing this course, you will be equipped with the expertise needed to guide clients in making informed decisions about solar investments. Join this webinar to help clients take advantage of tax credits and depreciation for tax mitigation while promoting sustainable energy practices.

Learning Objectives:

• Evaluate the eligibility criteria for the investment tax credit (ITC) and bonus depreciation qualification and determine the appropriate tax credits and depreciation benefits for various types of solar energy systems


• Recognize the differences between residential and commercial solar installations and practice integrating solar tax credits and depreciation into comprehensive tax planning strategies for individual and business clients


• Identify the necessary documentation and compliance requirements for claiming solar tax credits and depreciation and justify the importance of staying up-to-date with potential changes in tax laws, regulations, and solar energy policies