SageGreen can claim theAdvanced manufacturing production credit (section 45X)by strategically investing in the production and selling of eligible solar components. The new Section 45X provides a credit for the production (within the United States) and sale of certain eligible components including solar and wind energy components, inverters, qualifying battery components, and applicable critical minerals. It was established with the Inflation Reduction Act, supporting domestic clean and renewable energy production.

Memo:

1. DiscussAdvanced manufacturing production credit (section 45X)that SageGreen could add to its company for the next fiscal year. Consider the following in your overview:
   1. Purpose or incentive
   2. Government's ideas to accomplish regarding this incentive
   3. SageGreen's implementation of this incentive
2. What are the advantages and disadvantages of Advanced manufacturing production credit (section 45X)? Consider the following in your response:
   1. Most beneficial to SageGreen
   2. Least beneficial to SageGreen
   3. Tax violations to avoid
3. Describe theethical considerationsof a tax preparer. Reference Circular 230 to support your arguments. Consider the following in your response:
   1. Your responsibility in ethical advice
   2. Any tax liabilities present
4. Consider howcurrent tax laws impact this initiative. Consider the following in your response:
   1. Current tax laws and impact on businesses
   2. Initiative-specific regulations regarding tax laws