LED lights may be expensive but they’re one of the most adequate possibilities for obtaining the 179D tax credit. We’ve already discussed how different lighting projects can be executed under the EPAct 179D requirements. In this post, we’ll take a closer look at LED lights and the possibilities they provide. Tax Deduction Section 179D provisions […]
45L Credit Requirements for Begun Constructions
There seems to be some confusion concerning the terms and the exact conditions of the section 45L credit. The latest retroactive extension that made the credit available for projects executed by the end of 2014 has generated additional questions. Does the section 45L incentive apply for projects started prior to December 31 without being fully […]
Can Section 179D Incentives Help Businesses Save a Lot of Money?
The construction and retrofitting of commercial buildings is a lucrative business opportunity but some entities may find the execution of such projects expensive. Taxation perks are one great possibility for bringing the cost of execution down. The incentive provided under section 179D is one of the options for reducing the cost. How much can businesses […]
Solar Water Heating: Qualifying for an Energy Efficient Home Credit
An energy efficient home credit is a great possibility for reducing the cost of upgrades. The installation of solar water heating equipment is one of the options that will qualify you for the residential energy efficiency property credit. The popularity of solar equipment is growing all the time, particularly in areas that see a big […]
EPAct 179D and Energy Efficient Lighting
Architects, engineers and contractors can get wonderful energy efficient commercial building incentives under EPAct 179D. Boosting the energy efficiency of the units is possible in numerous ways and lighting projects classify as one of the easiest to execute opportunities. Through the use of the tax deduction, investors may fully depreciate the cost of purchasing energy […]
2014 Green Home Construction? Claim Your 45L Credit Now
Have you constructed a residential unit in 2014 following energy efficiency requirements? The electricity savings produced by the project could potentially qualify you for a 45L credit. The incentive is available for residential projects executed throughout 2014, so take the time to figure out whether your project meets all of the criteria. Property Requirements The […]
Section 179D Tax Deduction – Are You Missing Out?
Though many commercial buildings qualify automatically for the section 179D tax deduction, few entrepreneurs and professionals claim this incentive. The Section 179D deduction was introduced as a part of the Energy Policy Act of 2005. Its main aim is to encourage investment in green commercial buildings. In the end of December 2014, the incentive was […]
Energy Efficient Home Credit and Building Envelope Modifications
Building envelope projects are increasingly gaining recognition because of the energy efficiency they deliver. The design of the building envelope provides some of the best possibilities for getting an energy efficient home credit. In addition, it produces a vast range of advantages for both commercial and residential projects. The Importance of Energy Efficient Building Envelope […]
2015 Tax Guide: Making Use of Your Energy Tax Credit
Ready for 2015 tax season? Have you come up with a strategy to decrease the tax amount already? The good news is that you can benefit from an energy tax credit for residential improvements and construction projects executed throughout 2014. The following 2015 tax guide will acquaint you with some of the changes, as well […]
Solar Installations and Energy Tax Credits in 2015
The popularity of solar installations in the US for both residential and commercial use has been surging over the past few years. The energy efficient tax credit that such improvements give access to, as well as the sustainable electricity production have both resulted in growing solar installations investment. What does the future have to hold […]