BusinessEnergy Tax Credit
Get the best tax credit for installing energy-efficient products. Consult our experts to maximize your energy savings.Provides a tax credit for capturing and storing carbon oxide to reduce greenhouse gas emissions.
Offers tax credit for producing hydrogen fuel through renewable-powered electrolysis or other clean processes.
Gives tax credit for investments in advanced energy manufacturing facilities that support domestic production.
Drive Growth and Profitability with Our Strategic Partnership
Let’s accelerate growth and boost profits together through a powerful strategic partnership. With over a decade of experience, Kewal Krishan & Co has proven expertise in securing energy tax credits and green incentives in the USA. We make it simple to access substantial rewards for green innovation. By jointly marketing our services, cross-selling to our respective customer bases, and leveraging our networks, we can capture greater market share and create new revenue streams. The time is now to join forces in this high-growth market – let’s build something big together.
Our Core Services
Section 45Q Credit for Carbon Oxide Sequestration
The Section 45Q Credit for Carbon Oxide Sequestration allows for potential claims of up to USD 85 per tonne of CO2 when it is stored permanently, and USD 60 per tonne of CO2 when used for enhanced oil recovery (EOR) or other industrial purposes, given that clear evidence of emissions reductions is presented. Notably, the credit amount sees a substantial increase for direct air capture (DAC) projects, reaching USD 180 per tonne of CO2 stored permanently and USD 130 per tonne for CO2 utilized.
Clean Hydrogen Production Tax Credit
Under the Inflation Reduction Act (IRA), the 45V Hydrogen Production Tax Credit was established. This credit provides incentives of up to $3 per kg of hydrogen produced to projects meeting specific criteria, including a lifecycle greenhouse gas emissions intensity of less than 0.45 kg CO2e/kg H2.
Advanced Manufacturing Production Tax Credit
The government's Advanced Manufacturing Production Tax Credit is designed to bolster the production of critical minerals essential for advanced manufacturing industries. Manufacturers involved in producing these vital minerals can avail a tax credit worth 10% of their production costs. This credit serves as an incentive for companies to invest in mineral production, fostering the expansion of advanced manufacturing sectors reliant on these crucial materials.
We Provide Services in Following Countries
Latest blog posts
- 06 Nov 2024
Essential Deadlines for California C Corp Taxes in 2024
Operating a California C Corporation comes with a set of important responsibilities, especially when it...
- 30 Oct 2024
Smart Tax Strategies for Better Savings in 2024
Tired of seeing a big part of your earnings disappear into taxes? What if there...
- 25 Oct 2024
Unlocking the Secrets of Business Income: How Every Dollar You Earn Can Work for You
Ever wondered why some businesses thrive while others struggle just to break even? The secret...
- 10 Aug 2024
Common Mistakes to Avoid When Applying for an IRS Tax ID from Abroad
Are you a U.S. resident living abroad and finding it difficult to obtain your IRS...
- 09 Aug 2024
Consequences of Missing UK Corporate Tax and Annual Report Deadlines
Did you know that missing UK corporate tax and annual report deadlines can result in...
- 09 Aug 2024
Taxation of US LLC in Delaware Owned by Indian Citizens: A Comprehensive Guide
Introduction As an Indian citizen, forming a US Limited Liability Company (LLC) in Delaware can...
Firm Brochure
Know more about our firm executives, international tax practice and core services aligning our selves with the ever dynamic out paced competitive world.