News & Insights
Stay informed with the latest developments and expert perspectives on tax credits from Mickelson & Company. Our articles offer thorough analysis and up-to-date insights into the railroad and renewable energy sectors. Utilize this knowledge to strengthen your strategic planning in these crucial areas.
The Tax Broker/Advisor as Quarterback in Section 45Z Credit Transactions
Navigating the Section 45Z tax credit is a game of inches; it requires a transaction “quarterback” to align the interests and priorities of biofuel producers and corporate taxpayers.
Section 45Z: Proposed Regulations Provide Clarity and Certainty
After a year of anticipation, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) published long-awaited proposed regulations for the Section 45Z Clean Fuel Production Tax Credit on Feb. 4, 2026.
How §45Z Creates Incremental Yield for Corporate Buyers
The Inflation Reduction Act (IRA) of 2022 created certain transferable tax credits that have evolved from theory to a strategic asset class for finance and taxation experts. As this market continues to mature, pricing differences have emerged across credit types, particularly among Sections 45X, 45Y, and 45Z, creating a value-add opportunity for corporate buyers.
Webinar: Benefits to Corporate Buyers of a 45Z Tax Credit Purchase
Learn more about the benefits of a 45Z tax credit purchase for the corporate buyer, including the centerpiece of due diligence – the tax credit opinion, how to maximize value and mitigate risk in a 45Z transaction, and regulatory updates.
Considerations for Buyers of Section 45Z Transferable Tax Credits
The Inflation Reduction Act introduced market transferability for numerous clean energy incentives, and the Section 45Z Clean Fuel Production Credit is now among the most actively traded in the market. For corporate taxpayers, it presents an efficient and repeatable mechanism to reduce cash tax liabilities while achieving a measurable rate of return.