The 179D Energy Policy Act certification calculates the tax deduction achieved from the installation of energy-efficient assets, including HVAC, building envelope and lighting. The building may qualify for up to $1.80 per square foot for
Has your tax advisor told you about hundreds of thousands of dollars you could save because of the 179D tax deduction? If you don’t know the facts, you can find out below. Who is Eligible
Why EPAct Benefits Public Entities Several Architectural firms have discussed EPAct with their School and City clients. When a Public Entity agrees to sign the EPAct gifting letter, the Architect is then able to take
ENERGY AUDIT & RATE REDUCTIONS IRS, State & Local Governments, and Utility Firms Nationwide ETS conducts over 200 engineering tax studies per month for our Real Estate clients yielding approximately $354 million a month in
Architects are eligible for a federal tax benefit of up to $1.80 per square foot for the design of energy-efficient public buildings. The three-year look back window for architects to claim the 179D tax deduction
New York Enacts Legislation Authorizing Real Property Exemptions for Green Buildings. On July 18, 2012, New York Governor Andrew Cuomo signed Senate Bill 1462 into law authorizing a municipal corporation to provide a real property
On February 4, 2011, In 179D Deduction, Energy Efficient Tax Deductions, Energy Policy Act of 2005, Tax Benefits for Business and Property Owners, Tax Deductions for Architects By John Cummings. President Obama’s State of the
Lighting accounts for over 70% of all retrofits and remodels, and the utility and other rebates can be substantial, especially when combined with the benefits of EPAct and the energy savings. The decision to relight or remodel
Are you missing the low-hanging fruit? One-third of the tax deduction under 179D is available for lighting and is potentially the easiest to obtain. But making mistakes in how you light (or re-light) your building