TaxTaker’s Post

Take advantage of valuable 179D energy tax deductions for your construction projects. With expanded eligibility for buildings constructed for tax-exempt and tribal organizations, now is the time to maximize your savings and enhance sustainability. Learn how you can benefit from expanded deductions for energy-efficient buildings, ensuring continuous benefits year after year. https://lnkd.in/grwUcT5y #Section179D #EnergyTaxDeductions #Construction

🌟 Unlocking Value in New Construction: 3 Tax Incentives You Should Know 🌟 Embarking on a new construction project? Don't overlook the potential tax benefits that could significantly impact your bottom line. Here are three specific tax incentives you should be looking at: 1. Section 179D: This incentive rewards energy-efficient building designs, offering tax deductions for upgrades in lighting, HVAC systems, and building envelope efficiency. It's a powerful tool to reduce tax liability while promoting sustainability. 2024 Rates are up to $5.65 per square foot. 2. Investment Tax Credit (ITC): The ITC provides a tax credit for eligible renewable energy projects, such as solar panels or geothermal systems. By incorporating renewable energy solutions into your new construction, you can qualify for valuable tax savings. 3. Cost Segregation Studies: These studies identify assets within your construction project that can be depreciated over shorter periods, leading to accelerated depreciation deductions and increased cash flow. By leveraging these tax incentives, you can maximize the return on your new construction investment, reduce tax burdens, and promote environmentally friendly building practices. Ready to explore the potential tax benefits for your new construction project? Let's connect and discuss how these incentives can work for you! #NewConstruction #TaxIncentives #Section179D #InvestmentTaxCredit #CostSegregation

Unlock the potential of 179D energy tax deductions for your construction projects. Expanded in 2023, these deductions incentivize energy-efficient designs for commercial and multifamily buildings.

The Internal Revenue Code's Section 179 Energy Efficient Commercial Building Deduction offers substantial benefits for energy-efficient buildings. Louis O. Guay Guay and Michelle Sadeghy, PE of Kaufman Rossin explain what the deduction is, how much it's worth, what types of projects can qualify, and how to claim this valuable tax incentive. Read on below: https://okt.to/mQgcIP

Recent updates to the Inflation Reduction Act (IRA) have brought substantial changes to the Section 179D and Section 45L tax incentives, creating numerous opportunities for developers and design teams to achieve significant cost savings on their energy-efficient buildings. Looking to take advantage of energy efficient tax incentives? Join TaxTaker and Jordan & Skala Engineers on August 27th to learn how to prepare your projects for these valuable incentives and optimize your cost savings. Register Now: https://hubs.ly/Q02JqJg_0 #EnergyEfficiency #TaxIncentives #Sustainability #Engineers #RealEstate #TaxTaker #JSE #Webinar

Discover how the Section 179D energy tax deduction is driving organizations to embrace energy-efficient spaces and building improvements like HVAC and lighting. Check out the details: ➡️ #Section179D #EnergyTaxDeduction #EECBP

Discover how the Section 179D energy tax deduction is driving organizations to embrace energy-efficient spaces and building improvements like HVAC and lighting. Check out the details: ➡️ #Section179D #EnergyTaxDeduction #EECBP

Discover how the Section 179D energy tax deduction is driving organizations to embrace energy-efficient spaces and building improvements like HVAC and lighting. Check out the details: ➡️ #Section179D #EnergyTaxDeduction #EECBP

Discover how the Section 179D energy tax deduction is driving organizations to embrace energy-efficient spaces and building improvements like HVAC and lighting. Check out the details: ➡️ #Section179D #EnergyTaxDeduction #EECBP

Discover how the Section 179D energy tax deduction is driving organizations to embrace energy-efficient spaces and building improvements like HVAC and lighting. Check out the details: ➡️ #Section179D #EnergyTaxDeduction #EECBP