IRA tax compliance management

Empact Technologies (Empact) has launched its new platform designed to maximize the impact of clean energy project incentives under America’s Inflation Reduction Act (IRA). Empact combines powerful software with incentive compliance expertise into this comprehensive IRA management platform. Empact’s platform combines proprietary SaaS technology with professional services, enabling projects to meet IRS regulatory requirements for prevailing wage and apprenticeship, domestic content, and energy and low-income community incentives. Empact enables developers to leverage the IRA clean energy program to secure project construction financing, while ensuring regulatory compliance. Empact also provides a robust data repository to protect investors from IRS recapture risk. Uniquely comprehensive, Empact’s compliance data repository includes payroll data for all on-site subcontractors, domestic content qualification data for steel / iron and manufactured products, as well as project location and supporting documentation for energy and low-income community incentives.  

Empact Technologies |

Volume: 2024 March/April