179D Rant: Why Are We Still Letting the Wrong People Sign the Certification?!

Let’s just get this out of the way: if your 179D provider is asking you—the designer—to do all the field work and then asking the contractors to sign the inspection and certification statements… you’ve got a problem. And not just a small problem. A full-blown, out-of-compliance, IRS-audit-triggering kind of problem. Yet somehow, this is becoming … Read more

2025 Energy Tax Incentives Outlook: Essential Insights for CPAs, A/E Firms, Real Estate Developers, and Construction & Energy Service Companies

Energy tax incentives have always been powerful catalysts for encouraging sustainable development, reducing energy costs, and stimulating economic growth. As we head into 2025, a new wave of updates and proposed adjustments promises to reshape the landscape for CPAs, architectural and engineering (A/E) firms, real estate developers, and construction and energy service companies. Staying abreast … Read more

IRS Announces §179D Tax Deduction Inflation Adjustments for 2025 – What You Need To Know

Inflation stock image

The Internal Revenue Service (IRS) has released its annual inflation adjustments for the tax year 2025, bringing significant updates to the Energy-Efficient Commercial Buildings Deduction under Section 179D of the Internal Revenue Code. These changes, detailed in Revenue Procedure 2024-40, are poised to impact building owners, architects, and designers aiming to capitalize on tax incentives … Read more

Navigating §179D Deductions: The Crucial Lessons from United States v. Oehler

A judge holding a gavel in a courtroom setting.

As a subject matter expert in 26 U.S.C. § 179D, the recent case of United States v. Oehler underscores the vital importance of engaging experienced and reputable firms, like Walker Reid Strategies, to guide you through the complex landscape of energy-efficient commercial building deductions.   Click here for the original case: United States v. Oehler Why … Read more

Inflation Reduction Act -IRS Issues Announcement Updating ASHRAE Standard 90.1 for 2028 and later

IRA UPDATE -IRS Issues Announcement Updating ASHRAE Standard 90.1 for §179D On May 17th, 2024 the Internal Revenue Service Issued Announcement 2024-24, affirming the applicable standards to be used for §179D Energy Efficient Commercial Building Tax Deduction, starting January 1st, 2023. The announcement clarifies that the reference standard to be used for projects being placed … Read more

Section 179D Commercial Building Deduction Survives US Tax Court Challenge (Somewhat)

A recent United States Tax Court ruling highlights the importance of thoroughly understanding the requirements of §179D and working with an expert in qualifying and certifying energy-efficient commercial building properties.   Project on an Existing Building   Edwards Engineering, an Illinois-based company specializing in heating, ventilation, and air conditioning (HVAC) system design and installation and … Read more

Inflation Reduction Act -IRS Issues Announcement Affirming ASHRAE Standard 90.1

Inflation Reduction Act -IRS Issues Announcement Affirming ASHRAE Standard 90.1 for §179D On December 23th, 2022 the Internal Revenue Service Issued Announcement 2023-01, affirming the applicable standards to be used for §179D Energy Efficient Commercial Building Tax Deduction, starting January 1st, 2023. The announcement clarifies that the reference standard to be used for projects being … Read more

Inflation Reduction Act -Prevailing Wage And Apprenticeship Notice Issued

IRS Issues Notice providing Guidance for Prevailing Wage and Apprenticeship requirements. On November 30th, 2022 the Internal Revenue Service Issued Notice 2022-61, Prevailing Wage and Apprenticeship Initial Guidance under Section 45(b)(6)(B)(ii) and Other Substantially Similar Provisions. This Notice is the first step in clarification of the major changes that came as part of the Inflation … Read more

Case Study 2 of 8: Qualifying as a designer of energy-efficient commercial building properties

§179D deduction

Case Study 2 OF 8 Qualifying as a designer of energy-efficient commercial building properties Developers and owners of commercial buildings have been qualifying for IRC §179D, a section of the IRS code that provides a deduction for integrating energy efficiencies in buildings, either through new construction or retrofits. Recent changes to §179D are included in … Read more

Case Study 1 of 8: Qualifying as a designer of energy-efficient commercial building properties

Case Study 1 OF 8 Qualifying as a designer of energy-efficient commercial building properties   Published as part of the Energy Policy Act of 2005, the IRC §179D provides the framework for establishing that the necessary energy and power cost savings occur to claim the deduction.  Though more than 15 years have passed since this … Read more

Contact Walker Blue Today