Moss Adams - Benjamin Alderton

Industry Expertise

Cross Industry

Practice Focus

Credits & Incentives State & Local Income Tax

Biography

Ben has worked in the tax credit industry since 2012. He advises for-profit and not-for-profit clients on attracting New Markets Tax Credit (NMTC) financing to help them fill financing gaps while driving investments in low-income communities throughout the United States.

Ben also advises clients on other tax credit opportunities, including transferability, elective pay, and bonus credits brought about by the Inflation Reduction Act. Through these and other activities, he helps clients achieve various corporate initiatives, such as environmental, social, and governance (ESG) strategies, meeting regulatory requirements under the Community Reinvestment Act (CRA), managing effective tax rates, and increasing economic returns.

Prior to joining Moss Adams, Ben focused on underwriting, negotiating, structuring, and closing multimillion-dollar NMTC and Historic Tax Credits (HTC) equity investments, with an emphasis on working capital transactions and projects located on Tribal lands.

Earlier in his career, Ben practiced law in Connecticut with a focus on commercial business litigation, municipal law, and land use.

Selected Speaking Engagements

Powering Your Organization’s Future with Renewable Energy
(TEGE Exempt Organizations Council, November 2023)
Low-Income Housing, New Markets, and Historic Rehabilitation Tax Credits
(Institute for Professionals in Taxation, Credits and Incentives Symposium, November 2023)
Tribal Finance Webinar Series: Funding Healthcare Facilities on Tribal Nation Reservations
(Council of Development Finance Agencies Webcast, October 2023)
Free Money! Calling All Government and Non-Profits
(2023 AICPA & CIMA Governmental & Not-For-Profit Training Program, October 2023 )
Tax Credits & Incentives for the Wine Industry
(Moss Adams Roundtable, July 2023)
Tax Credits for Financial Institutions
(Texas Banker’s Association, June 2023)
New Market Tax Credit Investing on Tribal Lands
(Novogradac Conference, January 2020)

Professional Affiliations

Member, Colorado State Bar
Member, Connecticut State Bar
Member, Missouri State Bar
Member, New York State Bar

Education

BS, agricultural business, Oklahoma Panhandle State University
JD, University of Kentucky College of Law
MS, animal science, University of Wyoming

Insights from Benjamin Alderton

Proposed Rules Expand Low-Income Communities Bonus Credit Program Eligibility

Proposed regulations aim to enhance access to bonus tax credits for clean energy investments. Learn more.

IRS Guidance Simplifies Leveraging Domestic Content Bonus Credit

A new elective safe harbor provided in Notice 2024-41 simplifies claiming the credit for solar, onshore wind, and battery projects.

Global Minimum Tax and the Changes for Transferable Tax Credits

Explore the global minimum tax and how transferrable credits have changed. Start your credit and incentive discovery here.

IRS Proposes Partnership Rule Workaround for Entities that Qualify for Direct Pay

Proposed rules would allow partnership rule workarounds related to energy property for select organizations. Learn requirements.

IRS Clarifies Qualifying for Direct Pay Under the Inflation Reduction Act

The IRS published new rules for qualifying for cash refunds for eligible green energy projects under IRC 6417.

Tax Credits and Incentives Can Help Fund Your Business Expansion

Credits such as the New Markets Tax Credit can help reduce business expansion costs.

Navigating ESG Trends in the Energy Sector

Learn more about environment, social, and governance issues fueled by consumer demand and an evolving regulatory landscape.

Find Out if Your EV Fueling Station Is Eligible for a Tax Credit

Some electric vehicle charging properties are eligible for a $100,000 credit. Find out if you qualify per new IRS guidance.

Tax Strategies and Trends for Health Care Organizations

Explore 2024 hot topics and industry trends for for-profit and not-for-profit health care leaders.

How Organizations Could Receive Cash from a Refundable Tax Credit

Some clean energy tax credits and incentives can not only reduce liability but yield a cash refund. Learn more.

How Investing in Tax Credits Supports the ‘E’ in ESG Initiatives

Investing in tax credits can help boost shareholder value while supporting climate-friendly initiatives.

IRS Provides Guidance on Domestic Content Requirements for Applicable Entities

The IRS published guidance on the statutory elective payment phaseout if domestic content requirements aren’t met.

Bonus Credits Under the Inflation Reduction Act

Under the Inflation Reduction Act, certain businesses may be eligible for bonus tax credits for green energy projects. Learn more.

Tax Credits and Incentives for Business Expansion

Organizations can use funding from tax credits and incentives to help expand or relocate. Learn more in our webcast.

Cash Refunds for Green Energy Projects

The Inflation Reduction Act presents significant opportunities to benefit from refundable tax credits. Learn more.

Low-Income Communities Bonus Credit Program Application Window Announced

Applications for the environmental justice bonus credit will open October 19, 2023. Learn more.

Agribusiness Industry Tax Credits and Incentives

Learn how your company can save money with green energy incentives created by the Inflation Reduction Act.

Wine, Beer, and Spirits Industry Tax Credits and Incentives

Your wine, beer, and spirits business might still be eligible for the Employee Retention Tax Credit. Learn more.

IRS Finalizes Guidance on Low-Income Communities Bonus Credit Program

The IRS published final rules and application information concerning the low-income bonus credit program.

How Tribes and Tribal Organizations Can Utilize the New Markets Tax Credit

The New Markets Tax Credit (NMTC) can be a powerful financing tool for Tribes and Tribal organizations. Learn details.

IRS Issues Guidance for Direct Payment of Energy Tax Credits

The IRS published a notice of proposed rulemaking, which proposes rules concerning elective payment for the monetization of energy tax credits.

IRS Issues Updated Guidance on the Energy Community Bonus Credit

IRS released updated guidance for the energy community bonus credit under Internal Revenue Code Sections 45, 45Y, 48, and 48E.

IRS Issues Additional Guidance on Low-Income Communities Bonus Credit Program

The IRS published a notice of proposed rulemaking, which proposes rules concerning the low-income bonus credit program.

IRS Issues Guidance on Domestic Content Bonus Credit

IRS released guidance for the domestic content bonus credit under Internal Revenue Code Sections 45, 45Y, 48, and 48E.

The Inflation Reduction Act: Benefits for Tribes

The Inflation Reduction Act provides Tribes with new funding opportunities to pursue economic development. Learn details.

IRS Issues Guidance for Environmental Justice Solar and Wind Bonus Credits

Notice 2023-17 establishes program to allocate solar and wind limitations for environmental justice bonus credit program.

IRS Issues Guidance on the Energy Community Bonus Credit

IRS released guidance for the energy community bonus credit under Internal Revenue Code Sections 45, 45Y, 48 and 48E.

How Health Care Organizations Can Use the New Markets Tax Credit

The New Markets Tax Credit can help not-for-profit organizations provide services in low-income communities.

How Not-for-Profit Organizations Can Use the New Markets Tax Credit

The New Markets Tax Credit can help not-for-profit organizations provide services in low-income communities.

EITF Decision on Amortization Could Spark Interest in Tax Credit Investing

The EITF adopted a consensus, allowing proportional amortization for investments in tax credits beyond low-income housing.

Treasury Awarded $5 Billion in New Markets Tax Credit Authority

Learn how New Markets Tax Credit (NMTC) financing awards could help your organization reach its goals.

How the New Markets Tax Credit (NMTC) Stimulates Businesses and Communities

The New Markets Tax Credit (NMTC) provides tax credits to qualified equity investments in traditionally underserved communities.

Top Tax Credits and Incentives to Utilize in 2022

Explore tax credits and incentives available to your organization and how they can help you achieve your goals.

Assurance, tax, and consulting offered through Moss Adams LLP. ISO/IEC 27001 services offered through Moss Adams Certifications LLC. Investment advisory offered through Moss Adams Wealth Advisors LLC. Services from India provided by Moss Adams (India) LLP.