The One, Big, Beautiful Bill Update
UPDATES On May 12, 2025, the House Ways and Means Committee released its budget reconciliation bill titled “The One, Big, Beautiful Bill.” This bill proposes several broad changes to the Internal Revenue Code, including the rollback or phase-out of several clean energy incentives introduced under the Inflation Reduction Act (IRA). Key energy-related provisions include: Section […]
Energy Efficiency Pays Off: Section 179D Certification for a New York Multifamily Project
Introduction Energy-efficient construction not only lowers utility bills – it can also unlock significant tax savings. One prime example is a recent multifamily housing and parking garage project in New York, completed in 2022, where the developer partnered with Walker Reid to achieve a Section 179D certification. This collaboration highlights how commercial property owners and […]
The Phase-Out of Bonus Depreciation: Unlocking New Opportunities with 179D in 2025
As we approach 2025, businesses and real estate investors are facing a significant shift in tax strategy due to the ongoing phase-out of bonus depreciation. While this change may initially seem like a limitation, it presents an opportunity to explore other lucrative tax incentives, such as the 179D Energy-Efficient Commercial Buildings Deduction. Understanding how these […]
Maximizing Financial Incentives with Energy Modeling: Unlocking Tax Savings and Utility Benefits
Energy modeling is often associated with energy code compliance and efficiency analysis, but its value extends far beyond regulatory adherence. By leveraging advanced energy modeling, businesses and developers can tap into significant financial incentives, including tax deductions, credits, and utility cost reductions. At Walker Reid, we specialize in helping clients maximize these benefits through a […]
