does a solar purchase reduce taxable income? I'm a solar developer and our new solar proposal tool seems to think a solar purchase reduces taxable income, substantially reducing the net cost, and once the ITC and depreciation are applied, the cost is a bit too unbelievable. I'm going to attempt to attach the cash flow with the breakdown of how the tax benefits are being calculated. I'm not a CPA, this stuff is greek to me so I'd like to get confirmation from a pro. Thank you for your help.
Yes this is a repeat post but the format is a bit odd and required a bit of a learning curve. |