Last Tuesday, September 22, 2015, the Senate Energy Committee has released their latest proposed energy tax legislation. This comprehensive energy bill seems to focus on more aggressive incentives than previous iterations. In addition to its extensive list of changes, the bill proposes changes to Section 179D. If enacted the 179D would become two new deductions. […]
A simple but powerful tax provision could be putting money into the pockets of HVAC contractors/designers and building owners. This obscure tax deduction is known as 179D, and it was originally passed under the Energy Policy Act of 2005. The tax incentive rewards building owners and contractors who make their commercial systems conform to prescribed […]
Have you heard that 179D is considered to be one of the best energy tax provisions to save jobs and careers? This tax deduction section focuses on Energy Efficient Commercial Buildings. There have been even more proficient proposed updates that allow additional savings over a longer period. This tax break not only benefits businesses, but […]