Maximizing Your §179D Deduction: Best Practices for 2025
Section 179D provides significant tax deductions for owners and designers of energy-efficient commercial properties, worth as much as $5.81 per square foot in 2025. On a 20,000 square-foot warehouse, hospital, headquarters, retail center, factory or other commercial use, that amounts to a six-figure deduction. The deduction is a function of the size of the building […]
Navigating the Expanded Eligibility Criteria for 179D Deductions
Has your company engaged in construction or renovated a building that has reduced energy use or energy costs by at least 25%? Has your architecture or engineering firm been involved in such a project? If so, you may qualify for the Section §179D tax deduction, now worth up to $5.65 per square foot. Furthermore, with […]
Preparing Q1: When Should You Consider Energy Tax Incentives?
The United States government has been keen to promote the use of green energy, energy-savings and more sustainable power use practices by employing the tax code as an incentive to businesses that invest in energy-saving practices. Many businesses have the opportunity to exploit a host of tax breaks and credits, but they must know about […]
New §179D Deduction Enhancements for 2025 Fuel Energy Efficiency Investments
The IRS has announced important updates to the Energy-Efficient Commercial Buildings Deduction under Section 179D for the 2025 tax year, as detailed in Revenue Procedure 2024-40. These adjustments are set to significantly benefit building owners, architects, and designers who invest in energy-efficient technologies and sustainable building practices. Understanding the §179D Deduction The §179D deduction provides […]
Fact Check: Busting 10 Common Myths About Claiming 179D Deduction
Busting 10 common myths about claiming the 179D deduction. Get the facts to maximize your tax savings and ensure you’re making informed decisions.
How Can Construction Businesses Maximize the 179D Deduction?
Learn how construction businesses can maximize the 179D deduction by qualifying energy-efficient projects. Discover eligibility, benefits, and application tips.
Unlock Unmatched Tax Savings: How to Maximize Deductions with Section 179D and Cost Segregation Studies
Navigating the complexities of the U.S. tax code can feel overwhelming, but smart tax planning strategies can significantly reduce your tax liabilities and boost your cash flow. Two powerful tools available to commercial property owners and real estate investors are the Section 179D deduction and cost segregation studies. While each offers substantial benefits, combining them […]
How Hotel Owners Can Maximize the Value with 179D Tax Deduction, Ensuring Significant Deductions
Hotel owners and developers are constantly seeking strategies to enhance property value while reducing operational costs. The 179D tax deduction is a powerful tool that accomplishes both objectives and is more accessible than often realized. By leveraging this underutilized incentive, properties can enhance the bottom line while contributing to the sustainability movement within the hospitality industry.
How Architects and Builders Benefit from the Section 179D Tax Deduction
Possessing or running more energy-efficiently built or renovated buildings may boost your cash flow by lowering your federal income tax obligation for the current year. Designers of buildings owned by the government can also often benefit from this tax-deferral method.
Claiming 179D Deduction: An Essential Guide for Commercial Property Owners
As a commercial property owner or developer, maximizing tax savings while enhancing the sustainability of your buildings can significantly impact your bottom line. One powerful tool is the §179D Energy Efficient Commercial Building Tax Deduction. This deduction, enhanced considerably by the Inflation Reduction Act of 2022 (IRA), offers substantial financial incentives for energy-efficient improvements. Let’s explore how you can benefit from these updates and why the 179D deduction should be on your radar for your 2023 tax returns.