Giraffe’s reduced fees will help advance the Biden/Harris administration’s Justice40 Initiative, which made it a goal that 40 percent of the overall benefits of certain Federal climate, clean energy, affordable and sustainable housing, and other investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution. It will also advance L4GG’s mission of ensuring this historic federal funding is equitably distributed.
“Far too many state & local governments, frontline communities, tribal governments, school districts, and nonprofits have completed clean energy projects but may miss out on valuable tax credits because they don’t have the time, resources, or knowledge to wade through complex IRS requirements and paperwork,” said Jillian Blanchard, L4GG’s Director of Climate Change and Environmental Justice Program. “One of those IRS requirements is e-filing, but many CPAs and e-filing services have yet to catch up with the new elective pay forms, cannot actually complete a comprehensive e-filing package, or are cost-prohibitive for under-resourced communities. L4GG saw this need, and is proud to partner with Giraffe to fill the gap, protecting those ushering in the clean energy transition by offering an affordable, comprehensive option to help communities e-file for elective pay and to make sure that everyone, especially communities in need, can benefit from the powerful new IRA tax incentives.”
"This partnership underscores the shared commitment of Giraffe Financial and L4GG to foster a cleaner, more just future by empowering all communities to access the benefits of the clean energy transition,” said Jason Prince, CEO of Giraffe Financial.
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Lawyers for Good Government (L4GG) is a community of 125,000 legal advocates in all 50 states working to ensure equal rights, equal opportunities and equal justice under the law. We coordinate large scale pro bono programs and issue advocacy efforts, seeking not only to establish and enforce equality under the law, but to also create the social and economic conditions that lead to true equity. L4GG’s CCEJ Program works to expedite a just transition to a green economy.
Giraffe Financial provides tax credits-as-a-service to enable organizations of all types to seamlessly take advantage of Inflation Reduction Act (IRA) incentives. Giraffe’s turnkey offering includes: determining eligibility for credits, calculating credit amounts, documenting regulatory compliance, managing prevailing wage and apprenticeship (PWA) requirements, completing IRS pre-filing registrations, preparing tax forms, E-filing for Elective Pay, and structured transactions for Transfers. Giraffe is exclusively focused on navigating the complexity of the IRA on behalf of our clients - IRA is right there in our name.