Foss & Company

A new report from the International Energy Agency (IEA) (#IEA) highlights the rapid expansion of renewable energy, particularly solar, and how the demand for energy has led to a rise in fossil fuel production and carbon emissions. Despite the growth of renewable energy, emissions are not declining fast enough to meet climate goals, so increased investment in clean energy and renewable projects is important in shaping the future of the energy landscape. Foss & Company has a deep understanding of what goes into the development of renewable energy projects. Learn how you can partner with us to accelerate the energy transition and help create a cleaner, greener future. Reach out to our team today: https://bit.ly/3cOAM6G To learn more about the rise of renewable energy, read the full article: https://bit.ly/4fb0j5d #tax #taxcredits #taxequity #renewableenergy #sustainability

At Foss & Company, we wish our partners, friends and families a joyful and prosperous New Year! #tax #taxcredits #taxequity #NewYears #HappyNewYear

The Solar Investment Tax Credit (#ITC) is a crucial incentive that encourages investment in #solar energy by allowing a percentage deduction of solar installation costs from tax liabilities. Initially set at 30%, the #ITC covers expenses like equipment, labor, and permits, making solar more affordable for residential and commercial users. New provisions have been put in place extending and adjusting the percentage as well as expanding access to the credit, leading to ongoing support for renewable energy. The #ITC is instrumental in promoting the transition to sustainable energy and reducing dependence on fossil fuels while also combating climate change. The solar industry has proven its capacity for innovation and Foss & Company is committed to staying at the forefront of sustainable energy solutions. Reach out to one of our many experts to learn how investing in renewable energy through tax credits can help you: https://bit.ly/3cOAM6G To learn more about how Solar Investment Tax Credits are shifting to renewable energy, read the full article: https://bit.ly/3C1n90T #tax #taxcredits #taxequity #renewables #renewableenergy #climatechange

Located in Concord, NC, the 1898 Coleman Mill was the first African American-owned and operated textile mill in the U.S. and is listed on the National Register of Historic Places. This historic property will be rehabilitated to feature 144 apartments, a fitness center, a picnic area, a playground, a laundry facility, a business center and an activity room. Foss & Company is proud to have provided the North Carolina Mill Rehabilitation Tax Equity for such a unique project. To learn more about the Coleman Mill, visit our projects page today: https://bit.ly/3Z6xSyP #Tax #taxcredits #taxequity #HTC #historics #historicpreservation

At Foss & Company, we want to take a moment to express our heartfelt gratitude to our partners and colleagues. We wish you all a holiday filled with love and happiness and a new year full of opportunity, success and growth. #tax #taxcredits #taxequity #HappyHolidays

Foss & Company would like to welcome Krystal Mitcham, CPA to the team! As a Senior Fund Accountant, she will focus on supporting the finance department. Prior to joining Foss & Company, Krystal was an accountant and consultant for private equity fund administrators. Welcome, Krystal!

Built in 1952, the Claremont Elementary School, located in Pulaski, VA, is being rehabilitated into 23 apartments with an additional new construction building that will include 27 apartments. This revitalization is bringing affordable housing to the area of Pulaski, giving more people a chance to call it home. Foss & Company is proud to provide the Virginia Historic State Tax Equity for this project. To learn more about the Claremont School, visit our projects page today: https://bit.ly/3ZzH28F #tax #taxequity #taxcredits #HTC #Historics #Historicpreservation

The U.S. Department of the Treasury(#DOT) and the Internal Revenue Service (#IRS) have released final rules for Section 48 Energy Credit, which will provide clearer guidelines for clean energy project developers. For investors and developers in the clean energy space, the final rules for the Section 48 Energy Credit will make it easier to plan and finance clean energy projects. The new rules will address several key areas based on stakeholder feedback, including: • Offshore Wind • Biogas • Hydrogen Storage • Co-located Energy Storage • Energy Project Definition • Geothermal Heat Pumps These changes aim to provide certainty, promote clean energy development, strengthen U.S. energy security and create well-paying jobs. Reach out to our team of experts to learn more about how to move forward with large-scale clean energy investments: https://bit.ly/3cOAM6G To learn more about these final rules, read the full article: https://bit.ly/4iKlFcj #tax #taxcredits #taxinvesting #taxequity #InflationReductionAct #IRA #cleanenergy #sustainability

In our latest spotlight blog, Olivia Park Vice President of Investments, shares her experience in how she got started in the renewable energy and sustainability tax credit investing industry and how she sees this industry evolving due to the growing demand. In addition to her experience, Olivia discusses how joining Foss & Company gives her the ability to educate clients on the complex structuring of tax credits while helping clients cross the finish line. Read the full blog here: https://bit.ly/3YQgcIT #tax #taxcredits #taxequity #spotlightseries #taxblog #taxinvesting

The post-election environment presents both challenges and opportunities in renewable energy tax credits, with the election resulting in a Republican sweep of the White House and Chambers of Congress. Investors and developers should stay proactive, focusing on compliance, diversification and thorough planning to capitalize on potential opportunities. Bryen Alperin discusses in his recent blog, “Post-Election Update: Navigating Renewable Energy Tax Credits in 2024 and Beyond,” how scenario planning and due diligence will be essential to navigate policy uncertainties. The long-term outlook for renewable energy remains strong, driven by global decarbonization efforts and technological advancements. Stay ahead of policy shifts and capitalize on emerging opportunities by reading the full blog today: https://bit.ly/4eMbnoQ #tax #taxcredits #taxequity #renewables #renewableenergy #sustainabilty #cleanenergy