Many ESCOs, Architects, Engineers, and consultants are not aware that their energy-efficient designs qualify for the EPAct 179D Tax Deduction. A tax deduction of up to $1.88 per sq.ft. is available for the design and construction of energy-efficient government government-owned
Walker Reid’s vast experience in performing and facilitating 179D studies between Designers and their clients allows for a seamless and un-intrusive process. Our engineers will eliminate the burdens typically associated with the certifying of 179D projects.
ESCOs, also known as Energy Services Companies, are eligible to claim the 179D Tax Deduction for their consulting and design of energy-efficient systems installed on government-owned buildings. Government-owned buildings, for the purposes of 179D, are defined as buildings owned by a federal, state, or local government.
The incentive may be used by the ESCO to lower their proposals and make them more competitive when bidding on an RFP. Also, the ESCO can use the tax deduction to simply lower their tax basis and make for a more profitable year.
Walker Reid Strategies specializes in assisting architects engineers and consultants with the process of obtaining the 179D Tax Deduction. Contact Us today to start our process.
Architects, engineers, and other designers of government-owned buildings may be eligible to claim the 179D Tax Deduction for the design of either newly constructed or retrofitted buildings.
If you have implemented energy-efficient designs for government-owned buildings, such as public schools, judicial centers, airports, public university buildings, libraries, and student housing, you are eligible to receive a federal tax deduction of up to $1.88 per square foot.
Discover the potential benefits of the EPAct 179D Tax Deduction for your company. Start by taking our brief eligibility quiz.
As a subject matter expert in 26 U.S.C. § 179D, the recent case of United States v. Oehler underscores the vital importance
The landscape of residential construction is shifting significantly towards energy efficiency, especially now that the federal government has upgraded a powerful tax
The construction industry significantly impacts the environment, but there’s a growing movement toward sustainability that builders, contractors, and developers simply cannot ignore.