Forvis launches free tax tool for identifying clean energy credits

Forvis, a national accounting and consulting firm, has launched TaxCred Pro, a complimentary, web-based tool to help individuals and businesses identify tax provisions relevant to their clean energy projects and investments.

The tool helps companies uncover whether the new and updated tax credits introduced by the 2022 Inflation Reduction Act (IRA) are applicable to their clean energy initiatives. 

TaxCred Pro helps cut through the complexities of the IRA and helps users save valuable time. After a questionnaire the tool creates a custom report outlining credits and deductions that may be relevant to the user’s scenario. It also delivers estimated tax benefit amounts.

“By launching TaxCred PRO for Clean Energy, our goal is to help companies identify tax incentives for their businesses, thereby enabling them to redirect their focus from navigating the complexities of the IRA to addressing more immediate priorities,” said Rich Boer, director at Forvis. “With this free tool, leaders can access critical information through the Educational Report and request personalized guidance from FORVIS advisors. Through a four-phased approach, our IRA consulting team can help clients significantly reduce the time investment required to strengthen their bottom line.”

Forvis is the eighth-largest accounting and consulting firm in the US, according to Inside Public Accounting, with annual revenue of $1.69 billion. The company is a combination of three top-40 accountancies that have merged in the last two years: BKD, Dixon Hughes Goodman, and, effective June 1, Mazars USA.

Based in Springfield, MO, Forvis has 6,000 professionals providing assurance, tax, and consulting services to clients in all 50 states.