Navigating Energy Tax Incentives: 179D, 45L, and ITC in a Changing Political Landscape

Over the past year, the Inflation Reduction Act (IRA) has fundamentally reshaped the incentives landscape for energy-efficient buildings and clean energy initiatives. At Walker Reid, we’ve helped building owners, architects, developers, and other stakeholders maximize their tax benefits and navigate new legislative updates—particularly surrounding the 179D deduction, 45L credit, and Investment Tax Credit (ITC). With … Read more

Josh Howes, CEO, Talks Energy Incentives on Reframe Podcast

Show Summary: In episode 5 of Reframe, show host Jeff Nichols explores the intersection between the designers of energy-efficient buildings and the accounting teams who process the energy tax deductions and credits. Who sits in the middle to provide a bridge between these functions and why is their role so critical? You’ll meet Josh Howes who … 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

Will Trump and the Republicans Repeal the Inflation Reduction Act?

by: Josh Howes, CEO December 1, 2024 This is a question that I have been asked many times since the election in November. It’s a legitimate question that has thousands of projects and hundreds of billions of dollars riding on the answer. Trump pledged back in September to “terminate the Green New Deal” and “rescind … 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

Blue Energy Group Expands Team and Services

Energy Tax Credit and Cost Segregation Expertise added nationwide LOUISVILLE, KENTUCKY, July 10, 2024 Blue Energy Group, the Louisville-based company specializing in energy tax incentives, announced today that Charles Duncan has been hired as the Managing Director of Cost Segregation and Peter Randolph has been hired as the Vice President of Business Development. These new roles … Read more

Improving Energy Efficiency in Construction Projects

The construction industry significantly impacts the environment, but there’s a growing movement toward sustainability that builders, contractors, and developers simply cannot ignore. The path towards promoting energy-efficient building practices is by utilizing tax incentives such as §179D and §45L, crucial in offering substantial financial benefits to those who adopt sustainable practices. The Impact of §179D … 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

The Impact of §179D Deduction on Tax Exempt Buildings

The landscape of tax benefits for energy-efficient construction has undergone a significant transformation in 2023 with the updates to Section 179D. In this blog, we will explore how this program empowers tax-exempt organizations and unlocks exciting opportunities for design professionals like architects, engineers, and design-build contractors. §179D Changes  179D is a deduction that incentivizes energy-efficient … Read more

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