Elspeth Curtis 
Case Study 8 of 8: Qualifying as a designer of energy-efficient properties Our final review of the IRS case studies in Memorandum AM 2018-005 wraps up our series examining eight scenarios that help clarify the confusion that can surround a successful §179D tax deduction allocation. As IRS §179D tax deduction allocations have been … Read more
Case Study 7 of 8: Qualifying as a designer of energy-efficient properties While taxpayers often first think of HVAC and building envelope improvements when considering qualifying §179D energy and power cost savings, lighting improvements can also qualify. Of the eight factual case studies the IRS released in Memorandum AM 2018-005, the seventh scenario examines … Read more
There’s an important paperwork change for filing the Section 179D Energy Efficient Commercial Building Deduction. On Jan. 11, 2023, the IRS published the new Form 7205 for taxpayers interested in claiming this deduction. What is the new Form 7205? The new form provides taxpayers with a new place to calculate, document, and claim … Read more
Case Study 6 of 8: Qualifying as a designer of energy-efficient properties The framework of Internal Revenue Code §179D has guided property owners in establishing whether their projects have achieved the necessary energy and power cost savings to claim a tax deduction. Last year, this updated deduction became permanent through the passage of the … Read more
Case Study 5 of 8: Qualifying as a designer of energy-efficient properties Construction contractors and designers are very interested in requesting the IRC §179D deduction from owners of qualifying energy efficient commercial building properties (EECP). This tax deduction, which was initially part of the Energy Policy Act of 2005, has become permanent and updated … Read more
The benefit of “new phase” energy-efficient improvements to previously claimed 179D projects Until the passage of the Inflation Reduction Act of 2022, property owners had a lifetime max per building of $1.80/sf to pursue Section 179D tax deductions: There’s an important new change that property owners should also know about. Prior to IRA … Read more
Integrate Section 179D into the Early Stages of Non-Profit Design Like their commercial counterparts, non-profit building owners also pursue building and renovation projects. But when it comes to Section 179D deductions, they have more in common with governmental entities. As non-profits are non-tax paying entities, they cannot qualify for tax deductions. While their building … Read more
Walker Reid Strategies Launches our New Division for Outsourced Engineering Support In June, we announced the formation of our new division, WRS Engineering, which provides outsourced engineering services to our clients. We have developed this division based on our extensive expertise in leveraging technology, Artificial Intelligence (AI), and automation to help CPAs, specialty tax firms, … Read more
What are the 2023 updates to Form 8908? Form 8908 is the document eligible contractors use to claim the Section 45L tax credit. This IRS credit incentivizes homebuilders and developers to construct energy-efficient residential properties. Continuing to leverage this credit provides substantial tax benefits and actively contributes to promoting sustainable and eco-friendly housing options. … Read more
The Steps to Obtaining a Section 179D Allocation from the GSA The General Services Administration (GSA) plays a crucial role in allocating Section 179D deductions for government building projects. Under the Energy Policy Act of 2005, commercial building owners and tenants can claim tax deductions for specific energy efficiency projects made to their properties. … Read more
Corporate Headquarters
Walker Blue, LLC
1225 Broken Sound Parkway NW Ste C
Boca Raton, FL 33487
1-800-662-1793
Services
Energy Tax
Energy Engineering
Specialty Services
Quick Links
Our Company
Blog
Newsletter
© 2026 Walker Blue, LLC | Privacy Policy
Built by The Marketing Squad
