Reading Time: 2 minutes Anyone considering investing in real estate knows it can be expensive. High costs can be incurred when purchasing, newly constructing or renovating a property. For most, these costs are carefully considered before investing in a new or existing...
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...
Reading Time: 3 minutes What is Section 179D? Section 179D, the energy-efficient commercial building deduction, is a tax incentive enacted in the Energy Policy Act of 2005. A tax deduction can be claimed for installing energy-efficient equipment into commercial and...
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...
Reading Time: 4 minutes For a building to achieve a Section 179D tax deduction, energy analysis is conducted for the eligible systems that were impacted in the construction project. This analysis can be performed on any combination of the three eligible systems; HVAC...
Reading Time: 2 minutes Today the president signed and put into law the Inflation Reduction Act of 2022. For commercial building owners, designers, and contractors this is a reason to celebrate as the Section 179D – Energy Efficient Commercial Buildings...
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...
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...
Reading Time: 3 minutes Research and Development (R&D) Tax Credit studies can offer incredible tax benefits to innovative companies that qualify. To appropriately quantify and support a taxpayer’s R&D credit, it is important to go through the right 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....
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...
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,...
