The world of energy tax incentives for technical designers has seen major shifts lately, particularly regarding nonprofit projects. Section 179D deductions, which provide substantial benefits for enhancing commercial building efficiency, can now be claimed by
Infrastructure development powers our economy and shapes our communities. From roads and bridges to ports and utilities, these projects connect people while fueling progress and prosperity. However, their scale and impact come at a cost,
As a commercial building owner, you already know how high energy costs can be. If you’re looking to shave down expenses and improve your bottom line, switching to an energy-efficient HVAC system may be exactly
Construction projects are complex endeavors with tight budgets and profit margins. As a builder or designer, you’re constantly looking for ways to maximize value for your clients while also protecting your bottom line. One often-overlooked
On August 29, 2023, the IRS issued Reg-100908-23 to provide details on claiming bonus deductions or credits for energy efficiency (as outlined in the IRA bill) that require proof of prevailing wages and apprenticeship hours.
In the year since the Inflation Reduction Act (IRA) was enacted, a wave of optimism and innovation has swept across America’s energy landscape. This transformative legislation, aimed at fueling cleaner energy adoption and bolstering economic
In today’s world, building green is more than a responsible choice—it’s a financially savvy one. With a global push towards sustainability, energy-efficient construction has emerged as an unexpected pathway to significant tax savings. This guide
The world of biotechnology moves fast, with new discoveries and innovations happening every day. Driving this revolution are biotech companies, persistently pushing the boundaries of science to make breakthroughs. Yet, the high costs of equipment,
What is the Investment Tax Credit? The Investment Tax Credit (ITC) is a government incentive aimed at stimulating investment in renewable energy projects. The IRS provides the ITC to individual taxpayers and corporations who invest
Earth Day is a reminder of the importance of environmental awareness and sustainable living. Energy tax incentives, such as the 45L credit and 179D deduction, are crucial in promoting eco-friendly construction and building improvements. In this blog post, we’ll discuss the impact these incentives have on reducing energy consumption and carbon emissions for a more sustainable world.