IRA Tax Credits
Navigate clean energy tax credits with confidence.
The Inflation Reduction Act introduced the most significant expansion of federal clean energy tax incentives in U.S. history, extending credits to a broad range of renewable energy property, energy-efficient construction, carbon capture, and clean fuel production. Subsequent legislation, including the One Big Beautiful Bill Act enacted in July 2025, has modified the landscape considerably. Key changes include:
- Tightened eligibility timelines for some technologies
- New foreign entity restrictions
- The phaseout of certain residential credits
What remains is still a substantial set of incentives. Businesses, manufacturers, real estate investors, agricultural operations, and nonprofit and government organizations all have significant opportunities available to them under current law.
BPM’s IRA tax credit specialists help clients assess eligibility under current law, structure projects to qualify, and capture credits through the mechanism best suited to their organization.
How BPM Helps
BPM’s IRA tax credit practice supports clients from initial project evaluation through credit utilization. Our team works alongside your finance, operations, and legal advisors to keep projects on track and credits secure:
CONNECT WITH A TAX CREDIT PROFESSIONAL
Credit Identification & Eligibility Analysis
Reviewing your planned or existing investments to identify applicable IRA credits and determine eligibility under current law and guidance, including OBBBA modifications
Ongoing Regulatory Monitoring
Tracking legislative and regulatory developments that affect credit availability, phaseout schedules, and compliance requirements
Direct Pay Structuring
Advising tax-exempt organizations and government entities on electing direct pay and meeting documentation requirements to receive credits as cash refunds
Bonus Credit Qualification
Evaluating opportunities to increase credit values through prevailing wage, apprenticeship, domestic content, and energy community provisions that remain available
Transferability Transactions
Supporting qualifying entities in monetizing unused credits through transfer transactions, including structuring, documentation, and compliance with current foreign entity restrictions
Supporting Documentation
Preparing the records and filings required to substantiate credit claims and support elections under applicable IRS guidance
Discover How You Can Move Forward with IRA Tax Credits
BPM’s IRA tax credit specialists are ready to help you assess what your organization may be eligible for under current law and how to structure projects to capture the full benefit available. Contact us to start a conversation.
Start the conversation
Looking for a team who understands where you’re headed and how to help you get there? Whether you’re building something new, managing growth or preserving success, let’s talk.