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 […]
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 […]
Energy Efficient Buildings Tax Deduction
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 […]
