ONTARIO, Calif., Aug. 16, 2024 /PRNewswire/ — Nature’s Miracle Holding Inc. (NASDAQ: NMHI) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology and infrastructure, today announced that James Li, Chairman and Chief Executive Officer, will present virtually at the…
Month: August 2024
CHARLOTTE, N.C., Aug. 16, 2024 /PRNewswire/ — Falfurrias Management Partners (Falfurrias), a private equity firm focused on growth-oriented, middle-market businesses, today announced its investment in Snak King, a leading manufacturer of private label and co-manufactured products…
A Day to Honor and Celebrate the Beauty, History, and Culture of Locs CHICAGO, Aug. 16, 2024 /PRNewswire/ — Jamaican Mango & Lime, the leading natural hair care brand known for its authentic haircare solutions for consumers with locs, twists, and braids, has worked with National Day…
Stefan Röck Becomes Managing Director KEMPTEN, Germany, Aug. 16, 2024 /PRNewswire/ — Vortex Europe GmbH, a division of U.S. based Vortex Companies and a leader in trenchless solutions for water and wastewater infrastructure rehabilitation, today announced the promotion of Stefan Röck to…
Attendees can experience the 2024 Kia EV9 – the first mass market three-row EV SUV in the U.S. – and drive award-winning hybrid, plug-in hybrid and battery electric models IRVINE, Calif., Aug. 16, 2024 /PRNewswire/ — With one of the broadest selections of electrified utility vehicles in…
HONG KONG, Aug. 16, 2024 /PRNewswire/ — On August 15, 2024, RoboSense (2498.HK)，an AI-driven robotic technology company, reported its “2024 INTERIM RESULTS”. A few operational highlights and recent developments are presented below. In the first half of 2024, RoboSense’s total revenue…
Personalized offerings from M&M’S across retail stores and online storefront deliver moments of everyday happiness and celebrate sweet memories NEWARK, N.J., Aug. 16, 2024 /PRNewswire/ — M&M’S®, proudly part of Mars, is bringing the fun with an array of new, iconic, and personalized…
BEIJING, Aug. 16, 2024 /PRNewswire/ — A news report by China.org.cn on the Migratory Bird Sanctuaries along the Coast of Yellow Sea-Bohai Gulf of China: The East Asian–Australasian Flyway is one of the world’s busiest flyways, with tens of millions of birds migrating via this route every…
Next phase of USAF contract will explore additional configurations for deployment on a wider range of aircraft platforms, including unmanned aerial systems PALO ALTO, Calif., Aug. 16, 2024 /PRNewswire/ — SandboxAQ today announced it was awarded a SBIR Phase 2B Tactical Funding Increase…
Business challenge
A non-profit health system in the Eastern U.S. was building a new hospital with a central utility plant. The health system was not aware that the energy project was eligible for Inflation Reduction Act (IRA) tax credits under the recently passed IRA.
How Baker Tilly helped
Baker Tilly’s dedicated team of subject matter experts guided this organization along the path to maximizing the IRA credit. Our prevailing wage and apprenticeship (PW&A) bonus credit compliance solution allows for proactive monitoring of any non-compliance, providing users with the most efficient path to cure before penalties are incurred, and fulfillment of record-keeping requirements.
Baker Tilly’s IRA experts performed all elements of the four-phase eligibility review, including documenting the beginning of construction to meet PW&A safe harbor exemption, cost segregation, final documentation and filing support. Through this process, Baker Tilly is able to compile and complete all compliance documentation needed to substantiate the client’s credit.
The result
The client expects to have their new combined heat and power (CHP) plant in service in the summer, so the final cost segregation and documentation will be completed in the fall.
It’s never too late to evaluate compliance. Involving PW&A compliance experts can help prevent or minimize penalties. While the errors we discover are often innocent, they can still pose significant risks for credit seekers. Engaging Baker Tilly for tax credit compliance in the early stages of construction allows for early identification of non-compliance, saving time and money for credit seekers.