$270k in 179D EPAct Savings for Architect – Birmingham, AL

Green by Design – 179D Tax Incentives for Architects

Although 179D expired Dec 31, 2013, there are still opportunities to take advantage of this tax credit before it is truly gone. As you file your 2013 taxes, remember candidates for 179D include buildings of private property owners placed in service between January 1, 2006 and December 31, 2013 along with architects, engineers and contractors of government buildings whom may go back three years to obtain this benefit.

  • New Construction, Renovation, and Upgrades
  • Placed in Services Dates of: Jan 1, 2006 – Dec 31, 2013
  • Benefits Private Property Owner or
  • Architects, Engineers and Contractors (3-Yr Look-back)
  • Building Types: Schools, Government, Office, Retail, Hospitality, Industrial,
  • Manufacturing, Healthcare, Parking Garages

Recently Completed Study on a Government Building:

Following the signing of the EPAct gifting letter, this architect was then able to take advantage of the EPAct tax deduction which allowed the architectural firm to work to maximize energy savings for that government building. An energy tax certification was performed on an this Alabama university housing facility following the installation of energy efficient assets which qualified for a $269,652.60 179D tax deduction. The 149,807 sq. ft. building qualified for the full $1.80 / sq. ft. tax deduction per the Energy Policy Act guidelines.

ETS performs a thorough engineering process to meet all the requirements and receive the maximum benefit for our clients. To learn more about how you can benefit from 179D and other specialty tax engineering studies, phone Engineered Tax Services at 800-236-6519 

Recent Posts

cost segregation for banks

Cost Segregation: Your Bank’s Tax Savings Solution

Are you leaving money on the table when it comes to your bank’s tax deductions? A strategic approach called cost segregation could reveal thousands, even millions, in potential savings. Traditional depreciation methods spread the cost of your building over a long 39-year period. However, banks often house specialized equipment and components with shorter lifespans. Cost

Read More »
amend vs. form 3115

Amending vs. Form 3115: Fixing Tax Errors the Right Way

Even the most diligent taxpayers can make mistakes when filing their tax returns. Maybe you missed some income, forgot a deduction or depreciated an asset improperly. The good news is that the IRS gives you ways to fix these types of errors. Two primary tools exist for making corrections: amending your tax return and filing

Read More »

Mythbusting: 3 Common Misconceptions About Grant Funding

Grants are a fantastic way to secure the funding you need for projects that deliver public benefits. Unfortunately, many misconceptions persist about how grants function, who is eligible and the process involved in claiming them. If you’re wondering what’s true and false about grant funding, you’ve come to the right place. Let’s debunk some common

Read More »

Contact Us