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.
Taxes in 2023 are going to look a bit different than they have in the past. In addition to newly passed tax law updates, a number of pandemic-era provisions will gradually sunset in the years
Are you considering having a cost segregation study conducted for one or more of your properties? If you’re already planning on pursuing cost segregation as a tax-saving strategy, adding an energy evaluation is likely to
Article Sections Overview Impacted Programs Prevailing Wage Guidance Apprenticeship Guidance Recordkeeping Requirements Beginning of Construction Guidance Fast Facts Conclusion Resources Overview Introduced in the Inflation Reduction Act (IRA) of 2022, prevailing wage and apprenticeship
On August 7, 2022, The Inflation Reduction Act (IRA) passed the Senate, and it is expected to pass the House quickly and be signed by President Biden next week. It embodies parts of the former
Because Earth Day is Friday, April 22 this year, our concern for the environment is pretty much uppermost in our minds. We here at Engineered Tax Services have two energy efficient solutions that can help