The benefit of “new phase” energy-efficient improvements to previously claimed 179D projects Until the passage of the Inflation Reduction Act of 2022, property owners had a lifetime max per building of $1.80/sf to pursue Section 179D tax deductions: There’s an important new change that property owners should also know about. Prior to IRA […]
Integrate Section 179D into the Early Stages of Non-Profit Design Like their commercial counterparts, non-profit building owners also pursue building and renovation projects. But when it comes to Section 179D deductions, they have more in common with governmental entities. As non-profits are non-tax paying entities, they cannot qualify for tax deductions. While their building […]
Walker Reid Strategies Launches our New Division for Outsourced Engineering Support In June, we announced the formation of our new division, WRS Engineering, which provides outsourced engineering services to our clients. We have developed this division based on our extensive expertise in leveraging technology, Artificial Intelligence (AI), and automation to help CPAs, specialty tax firms, […]