Walker Reid Strategies

Energy Efficient Buildings Tax Deduction

commercial building tax deduction 179d

An energy tax incentive called Section 179D was created under the Energy Policy Act of 2005 (EPAct). This incentive is a tax deduction for energy efficient commercial buildings. The IRS Code Section 179D allows for an immediate deduction of up to $1.80 per square foot for commercial buildings that achieve a 50% reduction in total […]