Ecommerce National LLC has secured an energy tax credit deal to sell off millions of dollars of energy tax credits created from solar installations. “We are very excited about the opportunity to help high net worth individuals and businesses reduce their federal tax liability” said Palumbo, CEO of Ecommerce National LLC.
Nick is not only a owner of the business, he is also a client of buying the energy tax credits. He has successfully reduced his federal tax liability for multiple income tax periods now. He will continue to purchase tax credits to reduce his out of pocket by 10% going forward. Also Nick is an avid buyer of 179 depreciation as well, which reduces his passive income (dividend income) by 10%. “When I’m doing my quarterly tax estimates it’s a good feeling to be saving money even while doing your federal income tax calculations. I’d rather be helping a green energy business prosper than paying taxes to the federal government” said Palumbo.
“This is a win-win situation – businesses save money and our vendor can do more green energy projects from the tax credit sales” said Palumbo. Since the partnership was created we have launched the new website dedicated to selling energy tax credits. BuyEnergyTaxCredits.com already has a steady flow of repeat buyers that are coming back on a quarterly basis. Our business use UCC-1 filings to secure the deal for the end buyer. This raises their comfort level when buying tax credits for the first time. Please note: energy tax credits do not create AMT (alternative minimum tax), but they can be applied against AMT if you/your business have AMT currently that you are trying to off-set.
This website functions as a clearinghouse for energy tax credits and depreciation. Our goal is to create the largest privately held online marketplace for federal tax reduction services in the USA.
If you would like more specific information on how tax credits can help you or your business reduce its federal taxes feel free to contact us today. Click for more information on our energy tax credits. You can contact us by filling in the form below.