One Big Beautiful Bill Act: Energy Tax Provisions
Date: Tuesday, December 16, 2025Time: 01:00 PM ET / 12:00 PM CT / 11:00 AM MT / 10:00 AM PT [Prevailing Time]
Presenters: Paul Gutierrez, Senior Principal, Legislative Affairs, NRECA, Bill Miller, CPA, Utility Tax Partner, Bolinger, Segars, Gilbert & Moss, LLP, Will Davis, Partner, Capitol Tax Partners
Moderator: Wayne Sine, CPA, MBA, Education Director, National Society of Accountants for Cooperatives
Learning Objectives:
• Energy tax credit and requirements needed to claim tax credits through direct pay (elective payment)
• Process of filing for energy tax credits
• Resource list of guidance and rules published by Treasury and the IRS
Field of Study: Taxes
Program Level: Basic
CPE Credit: 1.8 Credit Hours
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
Course Description
Join us for an update and broad overview of the energy tax provisions included in the Working Families Tax Cut Act also known as the One Big Beautiful Bill Act. Learn more about the changes made to the energy tax provisions and an introduction to the Foreign Entity of Concerns recently enacted and their potential implications for cooperatives. The webinar will highlight key changes, outline areas of impact, and offer insights for cooperative tax and accounting professionals on December 16,2025
You won't want to miss this 90-minute Zoom with Paul Gutierrez, Legislative Affairs Director at NRECA, Will Davis, Capitol Tax Partners, and Bill Miller, Tax Partner at Bolinger, Segars, Gilbert & Moss. Our panelists will give you a broad overview of recent changes to the energy tax credits and discuss the requirements to qualify to be eligible tax credits along with a refresher on direct pay, bonus credits, and the process to file and claim the tax credits. Register today to gain a deeper understanding of energy tax credits and direct pay requirements
Presenter and Moderator Bios
Presenter: Paul Gutierrez, Senior Principal, Legislative Affairs, NRECA
Paul Gutierrez works as a lobbyist at the NRECA. He has been with NRECA since October 2013. His responsibilities include working on legislative and regulatory policy, strategies, outreach, and coalition coordination regarding taxes and transportation. Most recently he was instrumental in securing elective pay for energy tax credits in the Inflation Reduction Act.
He worked as a political appointee and government relations professional in Washington DC and the State of New Mexico. From 2007 to 2013 Gutierrez served as the Executive Director for New Mexico Association of Counties. He previously served as the Deputy Assistant Secretary for Civil Rights at USDA and was state director for both the Rural Development and Farm Service Agencies in New Mexico.
Gutierrez, a native of Magdalena, New Mexico grew up on a cow-calf ranch and small farming operation. He earned a B.S. degree in agricultural economics from New Mexico State University.
Presenter: Bill Miller, CPA, Utility Tax Partner, Bolinger, Segars, Gilbert & Moss, LLP
Bill Miller, CPA is a partner with the accounting firm of Bolinger, Segars, Gilbert & Moss in Lubbock, Texas. He began his career with the firm in 1992 and holds a degree in accounting from the University of Texas in Austin. Bill is in charge of the firm's utility and cooperative tax practice, providing tax and consulting services to exempt and non-exempt utility cooperatives, including related subsidiaries. Traditional responsibilities include tax research, tax planning, recommending entity types for new business ventures, and oversight of tax return preparation. Cooperative-specific responsibilities include compliance with co-op principles and plans to allocate and redeem patronage capital. In addition to working with the firm's audit clients, Bill has consulted with trade associations in providing guidance on tax and equity issues pertaining to the electric cooperative industry. Past guidance includes consulting with the Capital Credits Task Force and also providing technical assistance on a national level regarding the tax impact of proposed legislation onelectric cooperatives. Bill is active in the National Society of Accountants for Cooperatives. He has served as a past National President and a National Director representing the Electric Cooperative Chapter. Bill is a recipient of the Silver Bowl Award, NSAC's highest honor. Bill and his wife Kim, along with their two children, reside in Lubbock, Texas.
Presenter: Will Davis, Partner, Capitol Tax Partners
William Davis leverages his diverse experience in tax policy, government, and journalism to provide a unique perspective to clients, with a specific expertise in tax policy issues affecting the financial services and energy sectors. Through his experiences, William has developed an extensive network of tax professionals working in both the government and private sector.
Before joining Capitol Tax Partners, William served as the Legislative Director and Tax Policy Counsel for Rep. Tom Reed (R-NY) of the House Ways and Means Committee. During his time on the Hill, he advised the Congressman on all tax legislation, including the development, drafting, and negotiation of the Tax Cuts and Jobs Act of 2017 and the Omnibus Bipartisan Budget Act of 2018. As part of those efforts, William worked extensively on tax legislative proposals relating to financial products and energy tax credits. He also served as a lead policy staffer for the House Manufacturing Caucus and Problem Solvers Caucus.
Before working for Congress, William was as a legal reporter for Tax Analysts, where he wrote for the award-winning Tax Notes and Tax Notes Today publications. As a legal reporter, he wrote over 200 daily and long-term analysis stories on technical tax issues mostly relating to the financial services industry, tax controversy, and IRS administration.
William earned his LLM in taxation from Georgetown University Law Center and his JD from Suffolk University Law School.
Moderator: Wayne Sine, CPA, MBA, Education Director, National Society of Accountants for Cooperatives
After retiring as Tax Director of a regional supply cooperative on the East Coast, Wayne Sine was asked to serve as Education Director for NSAC. As an active and long-term member of NSAC, Wayne previously served as Chair of NSAC’s Tax Committee, President of the Atlantic Chapter, and was a recipient of NSAC’s Silver Bowl Award. In addition to his work with NSAC, Wayne has also served on the Legal, Tax, and Accounting (LTA) Committee of the National Council of Farmer Cooperatives, Chaired the Tax Committees for both the Virginia Chamber of Commerce and the Virginia Manufacturers Association, served on the Tax Policy Committee of the Virginia Society of CPAs, and served as Region Vice President for Tax Executives Institute.
CostFree for NSAC Members / $65.00 for Non-Members
Delivery System
- All programs are delivered using the Zoom platform.
- Confirmations will include log-in instructions.
- Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
- All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
- There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.
Registration
All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.
Refund Policy
NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.
Additional Information
Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.
For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.