alliantgroup is excited that Congressional leaders have reached a late tax deal that will extend a number of popular tax provisions, including the Section 179D deduction for Energy Efficient Commercial Buildings.
The deal, reached late Monday by key Congressional leaders, also extended the Work Opportunity Tax Credit (WOTC), among other powerful provisions for U.S. taxpayers.
“The good news is that these key provisions will live another day. The fight will come back in 2020, but 179D was put back in, making it possible to gain the support needed to make this key provision permanent,” said former U.S. Congressman and alliantgroup Strategic Advisory Board Member Rick Lazio.
The deal also eliminated three tax provisions from the Affordable Care Act, including the excise tax on medical devices, the tax on high-end health insurance (also known as the Cadillac Tax) and the excise tax on health […]