Walker Reid Strategies

Benefits of the 45L Tax Credit

The 45L tax credit has been available to eligible contractors since 2006. However, this energy-efficient incentive is still under-publicized and thus under-utilized among affordable housing developers, contractors, investors, and builders. The credit can deliver some significant benefits, including an increase in housing equity, a cost-offset for the purchase of energy-efficient building materials and an increased marketability […]

179D News – Tax Deduction Extended in 2016

News for the 179D Deduction in 2016 01/2016 –  “Protecting Americans from Tax Hikes Act of 2015” (PATH Act) has been passed by the House and Senate which was signed into law on December 18, 2015. The bill expanded the Section 179 deduction limit to $500,000. The Section 179 Deduction is finally permanent at the $500,000 level until further notice. […]