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Fill out our quick Get Started form and upload your latest tax return and invoices for the equipment and installation. This provides us with all the necessary information to begin your eligibility assessment.
Once we have your details, our team will conduct an eligibility analysis, ensuring your property meets the requirements for the 30C credit. This includes verifying that the equipment qualifies and checking if the property is located in an eligible census tract.
After confirming eligibility, we’ll calculate the exact 30C credit based on your equipment and installation costs, ensuring you maximize your savings. We’ll then provide pre-filled IRS forms, including Form 8911, ready for filing. We can also work with your tax preparer to ensure everything is filed smoothly and the credit is applied to reduce your tax liability.
After filing, we’ll assist you with utilizing the credit to reduce your tax liability. If you're eligible, we can also help you transfer the credit to a third party for immediate cash. We’re here to ensure you get the most out of your investment.
If you’re installing alternative fuel refueling infrastructure, such as EV charging stations or hydrogen fuel dispensers, you may be eligible for a significant tax credit under the 30C program. This credit is designed to encourage investment in clean energy technologies while reducing greenhouse gas emissions.
The 30C credit can help you:
Investing in alternative fuel refueling property not only allows you to take advantage of the 30C tax credit but also positions your business as a leader in sustainability. By embracing clean energy solutions, you can reduce your environmental footprint, increase operational efficiency, and enhance your brand’s reputation.
Why Installing Alternative Fuel Infrastructure is a Smart Business Move:
Our specialized accounting and engineering teams have been securing these tax incentives for over a decade. Our highly specialized experience means your business is positioned for the maximum amount of benefit, with the confidence that you've got an accurate and complete deliverable every time. So far we have completed thousands of studies and saved our clients more than $75 million.
We also respect and want you to keep your existing accountant and bookkeeping relationships. We simply cover specific portions of the federal tax code with the finest precision so your existing teams are well supported and you spend your time doing what you do best: building your company - while getting lots of money back every year!
To qualify for the 30C EV Charging and Alternative Fuel Infrastructure Credit, your commercial property must meet several key requirements. One of the primary criteria is that the refueling property must be located in an eligible census tract. An eligible census tract is defined as either a low-income community as outlined in section 45D(e) or a location that is not part of an urban area, according to census data. Our team can help verify if your property is situated in an eligible census tract using the necessary IRS and census tools.
In addition to location, the type of equipment installed must meet specific requirements. The 30C credit applies to equipment used to store or dispense alternative fuels such as hydrogen, natural gas, or propane, as well as EV charging stations, including Level 2 or DC fast chargers. The equipment must also have been placed in service during the tax year. For properties where the equipment was placed in service after January 30, 2023, additional wage and apprenticeship requirements may apply.
The 30C credit is available for commercial or investment-use properties, which includes businesses like office buildings, retail centers, parking garages, and industrial facilities. The maximum credit for commercial properties is up to 30% of the total cost of the equipment and installation, with a cap of $100,000 per refueling station. By ensuring that your property meets these requirements, you can maximize the benefits of the 30C EV Charging Credit. Our team is here to assist you through the eligibility verification and application process.
The 30C credit applies to a wide range of refueling equipment, including electric vehicle (EV) charging stations, hydrogen fuel dispensers, compressed natural gas (CNG) refueling systems, liquefied petroleum gas (LPG) stations, and ethanol (E85) refueling systems. To qualify, the equipment must be used to store or dispense alternative fuel or recharge electric vehicles at the point of delivery into a vehicle.
The 30C credit allows you to claim up to 30% of the cost of installing eligible alternative fuel refueling property, including labor and installation fees. For commercial and business properties, the maximum credit per refueling station is $100,000.
To qualify for the 30C credit, the refueling equipment must be placed in service during the current tax year, and the property must be located in an eligible census tract. The equipment must also meet specific guidelines set by the IRS, and for certain commercial projects, you may need to comply with prevailing wage and apprenticeship requirements. Our team can help verify your eligibility and ensure compliance with all requirements.
Yes, under the provisions of the Inflation Reduction Act of 2022, eligible taxpayers, partnerships, and S corporations can elect to transfer all or part of the 30C credit to an unrelated third-party buyer in exchange for cash. This can provide immediate financial benefits, especially if you prefer liquidity over waiting for the tax credit. We can assist you with the credit transfer process to ensure a smooth transaction.
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