Tag: Energy Tax Deductions

How to Qualify for the 179D Energy-Efficient Building Tax Deduction

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 commercial building and residential structures that are at least four stories. The deduction includes both new construction and improvements of

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It’s time to update your HVAC system, here’s why:

Today is the Summer Solstice sparking the first day of summer. Nearly half of all energy bills are a direct result of heating and cooling consumption. With the summer heat ready to peak, consider updating or replacing your HVAC cooling system with high-efficiency systems. If you own commercial or residential properties, you may be able

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Energy Tax Incentives Update: 179D EPAct & 45L Credit

Protecting Americans from Tax Hikes Act of 2015 Among the 50+ tax provisions is a 2-year extension of both 179D tax deduction for commercial buildings and 45L tax credit for residential properties. These tax incentives will reduce tax liability for property owners and architects while incentivizing investments in energy efficient technologies. Energy Tax Incentives Overview:

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Energy Tax Benefits for HVAC & Lighting Contractors

179D EPAct for Lighting & HVAC Contractors Engineered Tax Services offers 179D EPAct as a way to increase cash flow to contractors and potentially reduce costs to their customers for the installation of energy efficient building systems. Lighting and HVAC contractors who provide this energy certification to their clients have the potential to secure more

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Texas Hospital Building Qualified for Full 179D EPAct Benefit

An energy tax certification was performed on a 11,164 sq. ft. hospital building placed into service December 2013. This facility qualified for the full benefit of $1.80/sq. ft. resulting in a $20,095.20 179D tax deduction. ETS has provided thousands of energy tax certifications since 2005. Handling over 100 certifications every month, we have perfected the

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Energy Consultation for Real Estate Owners

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 tax refunds, tax credits and accelerated tax deductions. Our comprehensive tax reports for property owners include the following certifications: EPACT

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Take Advantage of the 179D Tax Deduction Before it’s Gone!

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 is growing smaller. As a reminder, 179D EPAct expired December 31, 2013 and although we are hopeful, an extension of

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179D Tax Deduction for a Virginia Government Building

An energy tax certification was performed on a newly renovated Virginia educational facility following the installation of energy efficient assets. The qualifying benefit resulted in a $146,700 179D tax deduction for the reduction of total annual energy costs of interior lighting, heating, cooling, ventilation, and hot water systems by at least 50%. The 81,500 sq.

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