The Inflation Reduction Act of 2022 (IRA) grants a number of tax credits and tax deductions for taxpayers for the purpose of inducing energy efficiency steps. One tax benefit the IRA grants is to make available an existing tax benefit not only to for-profit businesses, but for tax years commencing after Dec. 31, 2022, to tax-exempt organizations.
Inflation Reduction Act Provides Tax Benefit for Exempt Organizations
