Overview:
Section 179D allows building owners to claim up to $5.00 per square foot for energy-efficient buildings. This deduction has been around since 2005 and has had major changes recently. In this introductory webinar, our licensed professional engineer will discuss the background of this powerful green building deduction and the recent changes created by the Inflation Reduction Act of 2022. This session will include details about the alternative qualification path known as the Retrofit Program and what this new path means for building owners and designers of buildings. Companion course: Interaction Between Cost Segregation and 1031 Exchanges
Objectives:
• Identify the energy-efficient building tax deduction • Recognize how recent legislative changes impact your Architecture, Engineering, and Construction clients • Determine the potential value and next steps around this tax deduction
Major Topics:
• Overview of the 179D Deduction • The expansion and increased impact of 179D in future years • Overview of the Retrofit Program for 179D • What the Inflation Reduction Act means for building owners and designers of buildings
Major Topics:
• Overview of the 179D Deduction • The expansion and increased impact of 179D in future years • Overview of the Retrofit Program for 179D • What the Inflation Reduction Act means for building owners and designers of buildings
Designed For:
CPAs, Enrolled Agents and professional staff.
Prerequisites:
None