Salt Lake City, UT, December 20, 2024 - B•10 Energy, a recognized leader in renewable energy tax credits and innovative tax strategies, strongly condemns the fraudulent “sovereign tribal tax credit” schemes recently reported in the news. From the beginning, B•10 Energy has viewed these offerings as deceptive and unsubstantiated.
These schemes exploit confusion surrounding tax law and falsely claim to provide taxpayers with significant tax reductions through credits tied to Native American tribes. The U.S. Treasury Department has confirmed that no such credits exist, and multiple tribes, including the Cherokee Nation, have distanced themselves from these illegitimate programs.
At B•10 Energy, integrity is the cornerstone of our business. Every tax strategy we promote undergoes a rigorous due diligence process, vetted by legal and financial experts to ensure compliance with all applicable laws and regulations. Our clients trust us to provide legitimate, reliable solutions, and we take that responsibility seriously.
“Fraudulent programs like these undermine the trust taxpayers have in legitimate tax strategies,” said Nate Bradshaw, Chief Operating Officer at B•10 Energy. “From day one, we’ve stood against these schemes, and we are committed to helping clients navigate tax credits with confidence and transparency.”
B•10 Energy encourages taxpayers to exercise caution and consult with reputable experts when evaluating tax strategies. If you have questions or concerns about tax credits or strategies you’ve been approached with, B•10 Energy is here to help. We’re committed to serving as a trusted resource and ensuring clients make well-informed decisions that align with the law.
B•10 Energy specializes in renewable energy tax credits and innovative tax reduction strategies for businesses and high-net-worth individuals. With a proven track record of saving clients millions in taxes, B•10 Energy’s solutions are backed by extensive due diligence, compliance guarantees, and expert validation. Our mission is to deliver legally sound, effective strategies that empower clients to optimize their financial outcomes.
For questions or media inquiries, please contact:
Paul Shin
VP of Marketing
877.738.2210
pr@b10energy.com
