Preconstruction Services

Tax-Exempt & Government Building Owners

Unlocking Tax Benefits and Maximizing Savings for Tax-Exempt and Government Building Owners in Pre-Construction Planning

Are you a tax-exempt or government building owner gearing up for energy-efficient retrofit projects or planning new construction in 2023 or beyond? At Walker Reid, we understand the unique challenges and opportunities that come your way. Our Preconstruction Department is your trusted partner in navigating the intricate landscape of tax incentives, with a special focus on the expanded opportunities brought by the Inflation Reduction Act, specifically the §179D Tax Deduction and IRA opportunities. We are here to ensure that you make the most of these significant financial advantages for your projects.

Empowering Your Projects with the Expanded §179D Tax Deduction

The Inflation Reduction Act has significantly expanded the scope of the §179D Tax Deduction, also known as the Energy Efficient Commercial Building Deduction, presenting a compelling opportunity for building owners seeking to invest in energy-efficient enhancements. It serves as a potent tool for tax-exempt and government organizations, helping them reduce costs and bolster sustainability. Walker Reid’s expert team specializes in guiding tax-exempt and government building owners through the complexities of this deduction, maximizing savings while meticulously adhering to IRS regulations.

Navigating the Landscape of IRA Opportunities

Our dedicated experts also assist you in exploring the Investment Tax Credit (ITC) and Renewable Energy Credit (REC) opportunities inherent in your energy-efficient retrofit or new construction projects. With the expanded scope of incentives under the Inflation Reduction Act, we meticulously evaluate your eligibility and project scope, identifying and leveraging these valuable incentives to enhance your financial returns.

Early Engagement for Optimal Results

Walker Reid’s Preconstruction Department functions as your strategic ally throughout the project lifecycle. We work closely with tax-exempt and government building owners, as well as government agencies, to streamline the application process, allocate tax deductions efficiently, and optimize your financial outcomes.

Fostering Collaborative Negotiations

Our approach extends beyond the technical aspects of tax incentives. We actively engage with your project’s design team to negotiate the cash value of the incentive, ensuring it aligns with the interests of all stakeholders. We also account for potential risks that may arise during the design phase, fostering a spirit of collaboration. This ensures that your energy-efficient retrofit or new construction projects not only deliver financial rewards but also promote environmental sustainability.

At Walker Reid, we believe in the power of collaboration and innovation. Allow us to transform your tax-exempt status into a strategic advantage as you embark on your energy-efficient retrofit or new construction journey in 2023 and beyond, with the expanded opportunities made possible by the Inflation Reduction Act. Contact us today to discover how we can assist you in maximizing the benefits of the §179D Tax Deduction and IRA opportunities for your projects.

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Preconstruction Services

Building Owners

Looks Like a 179D Tax Deduction May Be Beneficial to You!

A more in depth analysis by a tax specialist may be required to determine the potential benefit of a 179D Deduction

A more in depth analysis by a tax specialist may be required to determine the potential benefit of a 179D Deduction

A more in depth analysis by a tax specialist may be required to determine the potential benefit of a 179D Deduction

A more in depth analysis by a tax specialist may be required to determine the potential benefit of a 179D Deduction

Designers of Government Buildings

Looks Like a 179D Tax Deduction May Be Beneficial to You!!

A 179D Deduction for a designer/contractor is only allowed for open tax years (Generally 3 Years). If your company has tax years open beyond 3 years, contact us to discuss in more detail.

A more in depth analysis by a tax specialist may be required to determine the potential benefit of a 179D Deduction

A 179D Deduction for a designer/contractor is only allowed for open tax years (Generally 3 Years). If your company has tax years open beyond 3 years, contact us to discuss in more detail.