DSPTCH has announced the release of the DSPTCH Inflation Reduction Act (IRA) Field Guide. This indispensable resource provides more than 100 pages of in-depth guidance on applicable wage, internship requirements, and IRA tax credit compliance, giving project stakeholders the tools, resources, and knowledge to navigate the complexities of the IRA.
The IRA Field Guide is a resource for developers, contractors, financiers and stakeholders involved in IRA tax credit projects. It includes:
- Interactive models: Illustrate the tax credit transaction, applicable wage and apprenticeship terms, and friction costs.
- Case Study: Shows how IRS wage and apprenticeship recovery provisions can accumulate financial liabilities that are multiples of the entire tax credit claim.
- Practitioner’s Review: A practical set of core IRA tax credit principles, due diligence checklists, observations, and useful commentary, unlike any other resource available today.
- Insightful Market Commentary: Enable companies to avoid common pitfalls, quickly understand the implications of the IRA, assess the compliance solution landscape, and identify contracting best practices.
“Compliance should not be a competitive barrier,” says Alex Jones, co-founder of DSPTCH. “Today, many companies misunderstand IRA compliance obligations and financial risks. In short, the IRS enforces unlimited liabilities directly on property developers. To make matters worse, consultants and auditors benefit from opaque and complicated requirements. We decided to do something radically different and synthesize our IRA experience and insights. DSPTCH’s IRA Field Guide demonstrates our commitment to providing the industry with transparent resources, easy-to-follow references and streamlined software.”
To scale and mitigate risk, the DSPTCH IRA Field Guide outlines a set of best practices, including better project oversight, standardized contract clauses, and proactive compliance technology to support suppliers.
DSPTCH is similar to Turbo-Tax for IRA and PWA compliance, with capabilities that provide a step change in contractor PWA support, real-time turnkey calculations, project-wide contractor monitoring, and self-service compliance checklists.
News item from DSPTCH
