179D INTERNAL REVENUE CODE TAX DEDUCTION – ENERGY EFFICIENT COMMERCIAL BUILDING DEDUCTION

The Energy Policy Act of 2005 has been renewed several times with revisions to the level of efficiency required for the deduction. The purpose of 179D deduction is to incentivize owners and developers for installing energy-efficient lighting, mechanical, and building envelope components. The credit only applies to commercial or multifamily properties. The tax benefit is […]