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infrastructure-179D

Energy-efficient Infrastructure Projects Hold A Key Opportunity For Contractors

The COVID-19 pandemic has shown no mercy in its impact on the construction sector, inducing a storm of high costs and volatility from materials to labor. According to a recent survey by the Associated General Contractors of America and Autodesk, 93% of contractors have been impacted by the supply chain disruption-induced rising material prices, and 88% are experiencing project delays.

179D Energy Efficient Tax Deduction

How to Claim Section 179D Energy Efficient Tax Deduction

  • 179D

Did you know that you can save thousands of dollars through a federal tax incentive on work done to make government buildings more environmentally sound? The 179D energy efficient tax deduction is a tax saver that can be applied on energy-efficient improvements to commercial and government-owned buildings.

Taxes and Congress — Santa Brings The Big Sled

So nothing, nothing, nothing – and then bang! Like the parent who waits to the last minute to get to the toy store – Congress suddenly decided to move on taxes in a big way – repealing some unpopular taxes as well as extending a number of popular tax provisions – including Section 179D Energy Efficient Commercial Buildings (big news for designers of government buildings) and Work Opportunity Tax Credit (WOTC).