Eligible Energy Efficient Systems for Section 179D

Eligible Energy Efficient Systems for Section 179D

Reading Time: 2 minutes Section 179D, the energy-efficient commercial building deduction, allows a commercial building owner or designer of tax-exempt buildings to claim up to $5 per square foot for installing energy-efficient equipment into their buildings. The newly...
How Contractors Can Qualify for Section 179D

How Contractors Can Qualify for Section 179D

Reading Time: 3 minutes The Section 179D incentive for energy-efficient commercial buildings has been a powerful tax program for the design and construction industry for many years. Companies who work on government-owned facilities can claim the deduction for projects...
What is the Section 179D Process?

What is the Section 179D Process?

Reading Time: 3 minutes Section 179D studies can offer both commercial building owners and designers of buildings owned by tax-exempt and government entities the ability to claim deductions for their work impacting the HVAC and hot water, interior lighting, and...
How Design Firms Can Qualify for Section 179D

How Design Firms Can Qualify for Section 179D

Reading Time: 2 minutes Section 179D, the energy efficient commercial buildings deduction, is a powerful tax incentive created for commercial building owners and designers of buildings owned by tax-exempt and government entities. This incentive allows eligible...
What is the Cost Segregation Process?

What is the Cost Segregation Process?

Reading Time: 3 minutes Cost segregation studies can offer real estate purchasers incredible tax benefits from accelerated depreciation. For purchasers of new or existing buildings, this can be a great tax tool to improve cash flow for other projects or investments....
Is Your Client Eligible for R&D Credits?

Is Your Client Eligible for R&D Credits?

Reading Time: 2 minutes As a CPA or tax/financial professional, you are a trusted advisor and partner for each client you serve. As a trusted partner, you are expected to possess crucial skills that can make or break a business’s ability to succeed. Companies of all...
What is the Four-Part Test?

What is the Four-Part Test?

Reading Time: 3 minutes The Research & Development (R&D) Tax Credit represents an opportunity for many businesses to open the door to additional tax savings. Unfortunately, businesses have developed misconceptions about the credit including qualification,...