Dollar-for-dollar credits against Federal taxes, calculated as a percentage of qualified renewable energy costs. Available in addition to normal depreciation.
Purchase Tax CreditsInvestment Tax Credits (ITCs) are dollar-for-dollar credits against Federal taxes, calculated as a percentage of qualified renewable energy costs.
These credits are available in addition to normal depreciation, making solar investments even more financially attractive for businesses and investors.
The Inflation Reduction Act of 2022 made Investment Tax Credits transferable, opening up new opportunities for tax credit buyers and sellers alike.
We calculate ITCs based on invoice cost, eliminating the step-up in basis risk that plagues many solar investments.
Fortified calculates ITCs based on the actual invoice cost of your solar installation. This straightforward approach provides clarity and confidence in your tax credit value.
By using invoice cost rather than appraised value, Fortified eliminates the step-up in basis risk. This protects your investment from potential IRS scrutiny and ensures your credits stand on solid ground.
Top 25 national CPA and consulting firm providing ITC memorandum support.
Major U.S. law firm providing legal memorandums supporting Fortified's ITC approach.
International tax specialists providing expert memorandums for ITC validation.
New legislation under the Inflation Reduction Act allows for simple transferability of Investment Tax Credits. This means your company can now purchase tax credits from solar projects and apply them directly against your Federal tax liability.
Fortified works with a top 20 CPA firm to ensure every tax credit transaction meets the highest standards of compliance and documentation.
Detailed cost segregation analysis provided for each project to maximize your tax benefits and ensure proper asset classification.
Every project comes with supporting tax credit memorandums from leading firms, giving you confidence in the validity of your credits.
Fortified has partnered with Brown & Brown Insurance to offer tax credit insurance on all transactions. This added layer of protection gives buyers peace of mind that their investment is secured.
Brown & Brown is one of the largest insurance intermediaries in the United States, providing comprehensive risk management solutions.