After months of waiting, Congress finally moved forward with tax extenders in late 2019. Included in this extenders package was an extension to the Section 179D Energy Efficient Building Deduction.

WEST PALM BEACH, Fla., Dec. 23, 2019 /PRNewswire-PRWeb/ -- The real estate industry was rewarded this week with the passing of Omnibus Appropriations Bill H.R.1865 (H.R. 1865). The bill extends ...

Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. For a link to our podcast covering the Tax Court ...

Kermit the Frog may find being green difficult, but thanks to a tax credit, architects, engineers and contractors can find it rewarding. Kermit the Frog sang that “It’s Not Easy Being Green”. But the ...

The Section 179D energy efficiency deduction, a key incentive for commercial building upgrades, is set to expire in June 2026, prompting a surge in last-minute projects and raising questions about ...

On Friday, December 23, 2022, the IRS published Announcement 2023-1, 2023-1 IRB 1 (the “Announcement”), which sets forth a new reference standard for energy efficient commercial building (“EECB”) ...

Two energy-related federal tax incentives of particular interest to building owners, developers and designers—the energy-efficient commercial building deduction under IRC Section 179D and the new ...

The Section 179D Energy Efficient Commercial Building Deduction provides a deduction of up to $1.88 per square foot for both building owners who construct new or renovate existing energy efficient ...

Significant portions in the tax code—1031 Exchanges, carried interest, capital gains, and more—are front of mind for many businesses due to potential changes, but a move late last year by Congress ...

Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. There has recently been a fair amount of activity in the world of Section ...

Depreciation Rules Requested Congress pass legislation or, alternatively, that the Treasury Department revisit Rev. Proc. 2019-08 and clarify through the regulatory process that firms electing out of ...

As Congress races to finalize its reconciliation package, the fate of several key energy efficiency tax incentives hangs in the balance — none more consequential to the HVAC and sheet metal industries ...