3 Tips to Help Architects Win A Greater Number of Bids
Securing bids is a challenge for many Architects. In this blog, we will discuss 3 ways in which architects can win more bids. Pre-Construction Planning Tax credits and deductions on commercial buildings and projects can be gained through meticulous pre-construction planning and extensive design analysis. An architect can examine a building’s components to identify those […]
Getting to Know 179D – The Energy-Efficient Commercial Buildings Tax Deduction
The 179D is a tax break that enables a taxpayer to request a deduction amounting to a commercial building’s energy-efficiency expenditures made by them, consisting of the building’s heating, cooling, ventilation, interior lighting system, or building envelope. Certification needs to be obtained in order to verify that the improvements have been placed into service and […]
Understanding the 179D Process
People often wonder how the 179D certification process works. The process itself is relatively complex, but when working with the right engineering firm, like Walker Reid Strategies, you can rest assured that it will be completed as smoothly as possible.
Private Company Headquartered in San Jose, CA Saves Big
We love to share the success stories of our customers. We have had the pleasure to work with a private company headquartered in San Jose, California. This company has provided electrical engineering services and constructions services for more than 60 years. They are ranked one of the largest specialty contractors in the nation. They installed […]
Getting Higher Returns from Your Real Estate Investment
The majority of people who own buildings are experienced business people who have intentions of maximizing the return on investment (ROI). As surprising as it may be, only a few of them attempt to enhance the ROI through reduction of operating costs as well as reduction of tax obligation. As energy prices continue to rise, […]
Eliminating Bi-Level Requirements for the 179D
Section 179D allows for several methods to be used to qualify for the incentive. The rules are colloquially named as the Interim Rule and the Permanent Rule. The Permanent Rule allows several different combinations to qualify partially for the deduction. For lighting purposes, it requires a complex energy model to be simulated, and the energy […]
New Senate Bill Sheds Light on Future Reforms
Last Tuesday, September 22, 2015, the Senate Energy Committee has released their latest proposed energy tax legislation. This comprehensive energy bill seems to focus on more aggressive incentives than previous iterations. In addition to its extensive list of changes, the bill proposes changes to Section 179D. If enacted the 179D would become two new deductions. […]
Full-Service Contractor Completes Energy-Reducing Project in California Schools
Embracing energy-efficient, greener working processes plays a crucial role in combating carbon footprints for businesses, organizations, and educational institutions across the States. Now, California schools have adopted an impressive new eco-friendly scheme to reduce the impact their everyday operations have on the environment. In November 2012, voters in California approved two measures to handle […]
179D Opportunities for HVAC Contractors
A simple but powerful tax provision could be putting money into the pockets of HVAC contractors/designers and building owners. This obscure tax deduction is known as 179D, and it was originally passed under the Energy Policy Act of 2005. The tax incentive rewards building owners and contractors who make their commercial systems conform to prescribed […]
179D July Updates
Have you heard that 179D is considered to be one of the best energy tax provisions to save jobs and careers? This tax deduction section focuses on Energy Efficient Commercial Buildings. There have been even more proficient proposed updates that allow additional savings over a longer period. This tax break not only benefits businesses, but […]
