Walker Reid Strategies

Energy-Efficient Commercial Building Tax Deduction

Building Tax Deduction

The Energy-Efficient Commercial Building Tax Deduction is an important financial incentive, giving a break to building owners and designers to at least meet (and preferably exceed) the energy reduction requirements of old and new constructions. The tax reduction above received authorization from the Energy Policy Act of 2005 (P.L. 109-58) for the expenses that business […]

When It Makes Sense to Use the Section 179 Tax Deduction, and When It Doesn’t

When It Makes Sense to Use the Section 179 Tax Deduction, and When It Doesn’t

Here is some good news for small business owners: You are eligible to receive a substantial, upfront tax break when you purchase new assets under the Section 179 tax deduction. This article will discuss when it is financially prudent to utilize the deduction and when it doesn’t. When you purchase a new asset to use […]

Small Business Owner’s Guide To The Section 179 Tax Deduction

Guide To The Section 179 Tax Deduction

Business owners are always looking for the best way to reduce taxable income. This can be particularly true for a new business enterprise. With so many employees now working from home it is also now essential to be monitoring work from home productivity using software or services so that you can make sure that staff […]

Tax Benefits for Architects, Engineers and Contractors Under Section 179D

Tax Benefits

Architects, engineers and contractors may be eligible for a significant tax benefit as a result of a provision in the Bipartisan Budget Act of 2018 which became law earlier this year. The budget act extended the provisions of Section 179D through the end of 2017. This article will provide an overview of the provisions of […]

Solar Panels in Apartments

Solar panels

A Big Change for the Big City Every sunrise brings with it a new set of opportunities to a number of particular citizens living in New York City. That statement is not just some gaudy metaphor about the ingenuity of the human spirit. No. In these particular cases, the subject at hand is the savings […]

Climate Change: Can the Environment be Saved by Today’s Emerging Political Forces?

Cracked Earth

Are today’s emerging political forces enough to save our environment? This article considers the reality of our climate situation, how politicians are failing to address it, and what needs to change to achieve environmental security. Our environment is running out of time when it comes to the threats of climate change. According to the major […]

Michigan Utility to Boost Renewables, Close 2 Coal Units

Power plants

Michigan utility company Consumers Energy will change course to boost renewable power while spinning down its coal plants. In a new plan to be submitted to the Michigan Public Service Commission, the company will generate 40% of its power from renewable sources while cutting emissions by 80%, by 2040. This plan comes at a complex […]

The Lifesaving Benefits of Offshore Wind Power

Wind turbines at sea

There’s been a push globally to “go green” in the energy sector. Science has pointed to a rising number of parts per million of gases that, when released in large quantities, significantly deteriorate our atmosphere and create a volatile climate. This climate change is largely linked to the emissions from non-renewable energy sources. That’s why […]

Solar Panels Work in the Snow

Solar panels in the snow

Growing interest and news reports about saving energy, lowering utility costs and minimizing your carbon footprint have attracted your curiosity. If you live in a cold climate, you may have dismissed solar cells and devices as viable power options. This is a common misconception. When solar cells consist of high-quality materials, you can harness their […]

2018 Tax Credits: Electric Cars and Solar Power Credits

electric cars

Even though home energy upgrades reduce the electric bill amount monthly, they are not always cheap. If you think about solar, energy efficiency, electric cars, among others, you will notice that you will have to spend a considerable amount of money to see later results in your bills. But, in 2018 there are energy tax […]