The benefit of “new phase” energy-efficient improvements to previously claimed 179D projects
The benefit of “new phase” energy-efficient improvements to previously claimed 179D projects Until the passage of the Inflation Reduction Act of 2022, property owners had a lifetime max per building of $1.80/sf to pursue Section 179D tax deductions: There’s an important new change that property owners should also know about. Prior to IRA […]
Section 179 Deduction Limits Increased for 2018
There is news for this year in connection with Section 179. The law of H.R.1, aka, The Tax Cuts and Jobs Act, has been passed and signed recently, it establishes that the deduction limit for Section 179 has increased to $1,000,000 for the current year. At the same time, the limit on equipment purchases increased to […]
