Rodman CPAs, a full service tax and accounting firm with a Renewable Energy and Cleantech specialty practice known as the “Green Team”, recently outlined renewable energy federal and state incentives and investment opportunities during a presentation to Investment Advisors at Lexington Wealth Management, a boutique independent wealth management firm in Lexington, MA.
Thomas Astore, CPA, JD, partner and Mark Vitello, CPA, Supervisor at Rodman CPAs, led the Lunch & Learn presentation on green energy investment and tax incentives. During the discussion, the team provided an overview of renewable energy sources (Solar, wind, anaerobic digestion, biomass/waste to energy, hydro and geothermal) and outlined the Investment Tax Credit (ITC), Residential Renewable Energy Tax Credit and Production Tax Credit (PTC) federal incentives. They also discussed Solar Renewable Energy Credits (SRECs) state incentives, and various ways to invest in renewable energy projects, which included partnership flip, sale leaseback and other options.
This presentation was part of a collaborative effort between the two firms. Rodman CPA’s presentation was geared toward highlighting one of the firm’s niche markets and demonstrating both the team’s expertise and passion in this area. Rodman CPAs continues to look for opportunities to meet with strategic partners in order to provide excellent service to clients.
“Lexington is fortunate to have such a collaborative relationship with Rodman and benefit from their expertise. As more of our clients focus on green initiatives, it is important to understand the variety of tax incentives and opportunities available in the renewable energy space,” said James Hastings, CFP®, Advisor at Lexington Wealth Management.
Green Energy Experts
Rodman CPAs’ Green Team is comprised of the firm’s president Steve Rodman, CPA, MST, and partners Kathy Parker, CPA, MST and Tom Astore, CPA JD, along with Elysha Sturm, Senior Accountant and Mark Vitello, CPA, Supervisor. The firm is a charter member of the Mass Solar Coalition, as well as a member of Northeast Sustainable Energy Association (NESEA), New England Clean Energy Council (NECEC) and Solar Energy Industries Association (SEIA).
To schedule a speaking engagement, contact Rodman CPAs at (617) 965-5959.
About Lexington Wealth Management
Lexington Wealth Management is a boutique, fee-only, independent wealth management firm that goes beyond the constraints of traditional wealth management to help clients connect the head and the heart of wealth management as they face important decisions in life. Based in Boston, the firm is nationally recognized for helping clients get to the five percent of what really matters most in life. For more information call (800) 626-1566 or visit www.lexingtonwealth.com.
About Rodman CPAs
Rodman CPAs provides tax advisory, accounting, and business strategy to small and mid-sized emerging and established businesses. Named one of Accounting Today’s Best Accounting Firms to Work for, and one of the largest accounting firms in Massachusetts by the Boston Business Journal, Rodman CPAs offers an innovative and strategic approach with the personal touch of a smaller regional CPA firm. For more than 50 years, Rodman CPAs has been specializing in customized accounting and tax solutions that improve business performance, processes, financial operations, and information technology.
The firm serves as a true business partner, helping clients perform and succeed during each stage of the business lifecycle. As domain experts in alternative energy, the “Green Team” at Rodman CPAs works with renewable energy producers and businesses throughout the U.S. offering tax advisory, financial, accounting services, and Investment Tax Credit (ITC) studies.
Rodman CPAs is an independent member firm of BDO Alliance USA, which enables them to expand services to clients by accessing the resources of BDO USA, LLP and other Alliance members, ensuring greater flexibility, efficiency, and cost-effectiveness.