[vc_row bg_type=”bg_color” bg_color_value=”#f5f5f5″ css=”.vc_custom_1618938311697{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-right: 1em !important;padding-left: 1em !important;}”][vc_column][vc_column_text el_class=”article-info”]by Valerie Ward, alliantgroup National Director July 26, 2017 | published in Construction Business…
Here is everything you need to know about 179D’s recent extension and the steps eligible businesses should be taking to continue to leverage the deduction. Beginning in tax year 2016, one of the most valuable energy incentives for architects, engineers and contractors will be subject to compliance changes.
Slash your company’s federal income tax bills for work done at government-owned facilities. Linda McCluskey, managing director of energy credits and incentives, alliantgroup, Houston, Texas, helped NECA attendees understand how a confusing income tax deduction for energy-efficient commercial building projects can help them slash their companies’ federal income tax bills for work done at government-owned facilities.
[vc_row][vc_column][vc_column_text] The son of an architect and an engineer by trade, Nick Worley has a simple answer for why he first chose a career in design. “It’s in my blood,”…
For construction and engineering professionals, it’s a happy day. The realities of American politics have not seen much partisan agreement, but Congress managed to agree on something recently: If your work relates to energy-saving design and engineering, then your business may be entitled to a very lucrative tax deduction.
The Energy Efficient Commercial Buildings Tax Deduction (179D) is a section of the tax code that rewards the design and installation of energy-efficient interior lighting, HVAC or building envelope systems in commercial buildings.
alliantgroup has announced the release of a new proprietary software interface, epFace, which allows it to optimize modeling calculations for energy efficiency-based tax deductions.
With filing deadlines quickly approaching and everyone thinking about their yearly tax returns, we wanted to remind construction companies of a potentially lucrative opportunity. In recent years, green construction has become a booming multibillion dollar industry, and according to the numbers, it is a trend that is likely to stay.
For anyone who has relocated to a new office building or high-rise apartment, one of the most frustrating experiences is lugging furniture up flights of stairs only to discover a hidden freight elevator the moment after setting down the last box. For architecture, construction, design and engineering firms, the 179D tax deduction is just like that elevator, an easily accessible means of improving business by utilizing work already underway.