When it comes to making homes and buildings more energy efficient, tax credits and deductions can provide helpful financial incentives. Two major options are the 179D tax deduction for commercial buildings and the 45L tax
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,
The U.S. tax code is an evolving landscape, especially when it comes to sustainability and energy-efficient housing. That’s why IRS Notice N-2023-67 has become a focal point for professionals in the construction and real estate
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
The eco-conscious movement continues gaining momentum, and the IRS is lending a hand. With energy efficiency incentives like 45L and 25C tax credits, going green packs more financial punch than ever. Homeowners and builders have
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
Real estate investing can be an exciting yet complex venture. As an investor, staying up to date on the latest tax credits and incentives available to you is crucial for maximizing returns. Two tax credits
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.