Tax Schemes Targeting Farmers And Small Business Owners
Former North Dakota Attorney General and Senator, Heidi Heitkamp, says farmers and small business owners need to be aware of tax schemes that may prey upon their ambitions.
INVESTMENT TAX CREDIT
Get Money Back on Your Energy Investments
The Investment Tax Credit (ITC) is a federal incentive that allows organizations to recover a significant portion of energy project costs through tax credits or direct payments.
Available to both commercial businesses and tax-exempt entities.
Available to both commercial businesses and tax-exempt entities.
WHAT IS THE ITC?
WHo Qualifies
Nonprofit Organizations (501(c)(3))
Government Entities (State, Local, & Municipal)
Public Institutions (Schools, Universities)
Commercial Businesses
Tribal Governments
Public Utilities
QUALIFYING PROJECTS
Case Studies
Section 48 ITC: Geothermal Project (Municipality)
Tax-Exempt Municipality (IL)
The alliant Advantage:
- Unlocked 10% Energy Community bonus via DOE mapping.
- Increased energy property basis 5x via system segregation.
- Prepared all drafted IRS Forms 990-T, 3800, and 3468.
Section 48 ITC: Geothermal Conversion (Retro-fit)
County Government (MO)
The alliant Advantage:
- Qualified project via retro-fit 80/20 Rule analysis.
- Increased energy basis 5x over original engineer estimates.
- Facilitated fiscal year changes to ensure claim eligibility.
Section 48 ITC: Geothermal New Construction (Large Scale)
Public School District (TN)
The alliant Advantage:
- Grew energy basis 7x via comprehensive assessment.
- Validated capacity compliance with ASHRAE energy code.
- Audited all scope changes and indirect install costs.
Section 48 ITC: Solar Array Project
Public School District
The alliant Advantage:
- Validated <1MW Exception to PW&A requirements.
- Verified unrestricted fund eligibility via legal review.
- Maximized cost basis through interdependent system audit.
Section 48 ITC: Geothermal New Construction (Private)
Private Taxpayer (WI)
The alliant Advantage:
- Certified 10% bonus for Domestic Content compliance.
- Mapped PW&A exemptions for nameplate capacity <1MW.
- Evaluated transferability potential for project liquidity.
Section 45W: Commercial Clean Vehicle Credit
Public School District, California
The alliant Advantage:
- Secured 5x credit increase via GVWR Tier optimization.
- Coordinated Elective Pay Portal district registration.
- Managed Form 8936 Schedule A individual unit filings.
Preferred Provider For The State Of Utah
alliant is honored to serve as a preferred provider for the State of Utah, supporting organizations across the state in capturing energy incentives while aligning with broader state energy initiatives.
HOW ALLIANT HELPS
From Eligibility to Cash in Hand
We manage the full ITC lifecycle from identification, structuring, documentation, and filing,
so you capture every dollar with a fully defensible position.
THE ALLIANT ADVANTAGE
25
Years in Practice
Helping organizations identify and capture government incentives
Helping organizations identify and capture government incentives
40
K+
Businesses Served
Across industries nationwide
Across industries nationwide
10
K+
Tax-Exempt Orgs & Gov’t Entities
Including Tribal governments, nonprofits, and public institutions
Including Tribal governments, nonprofits, and public institutions
Find Out What Your Energy
Project Is Worth
alliant’s ITC specialists work directly with your organiation to identify qualifying projects,
quantify the credit, and manage the process from start to finish.
quantify the credit, and manage the process from start to finish.
News & Insights
Why the R&D Tax Credit Could Bring Back Made in the USA
When I buy something with a Made in the USA sticker on it, I get a warm, fuzzy feeling. Because let’s be honest – it’s not something you see much of nowadays.
What are your chances of being audited now that the IRS is using AI? Jury is still out
Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years.
Tax experts: Don’t game IRS automated systems
Years ago, when someone filed an IRS return, the assumption was that the recipient reading it and making decisions based on what it said would be a human.
Speak with our experts
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