Insights

The §179D deduction deadline is approaching. Learn how to preserve eligibility by starting construction before June 30, 2026 and maximize potential tax benefits.

Congressman Brian Fitzpatrick, in partnership with North America’s Building Trades Unions, introduced the American Energy Dominance Act, a bipartisan proposal to restore long‑term certainty to critical federal energy tax…

IRS has recently introduced Form 7220, Prevailing Wage and Apprenticeship (PWA) Verification and Corrections, to report compliance with PWA requirements for claiming increased tax credits or deductions. This form is…

The §179D Energy Efficient Commercial Buildings Deduction has been adjusted for inflation in 2026, offering enhanced tax incentives for energy-efficient new construction as well as retrofits. To qualify, construction of…

The Inflation Reduction Act of 2022 introduced powerful energy-related tax incentives under Sections 179D, 45L, and 48E of the Internal Revenue Code.

The One Big Beautiful Bill Act ended the 179D deduction in 2026. To qualify for the §179D deduction, construction must begin before June 30, 2026.

The IRS has updated its Practice Unit on the §179D Energy Efficient Commercial Buildings Deduction.

In a 2024 case, United States of America v. Oehler et al, the tax court denied the Energy Efficient Commercial Building Deduction under IRC §179D to a lighting contractor for work they performed upon public schools since…

The IRS recently released Announcement 2024-24, notifying taxpayers that Reference Standard 90.1-2022 is the applicable reference standard required under the §179D Energy Efficient Commercial Building Deduction for…

The IRS recently released Announcement 2024-24, notifying taxpayers that Reference Standard 90.1-2022 is the applicable reference standard required under the §179D Energy Efficient Commercial Building Deduction for…

An exciting aspect in 2024 is the inflationary increase of the maximum §179D Deduction to $5.65 per square foot for projects meeting the prevailing wage and apprenticeship requirements and $1.13 per square foot for those…

In a recent case, Michael Johnson, et ux. v. Commissioner, the tax court denied the majority of a taxpayer’s Energy Efficient Commercial Building Deduction under IRC §179D since it claimed a §179D Deduction exceeding the…

The IRS recently published Form 7205 and the corresponding Instructions for taxpayers claiming the §179D Energy Efficient Commercial Building Deduction.

The §179D Deduction requires energy modeling whereby the building is compared to the same building constructed to the minimum requirements of a specified ASHRAE 90.1 Reference Standard. In Announcement 2023-1, the IRS…

IRS published Notice 2022-61 to explain how taxpayers can meet prevailing wage requirements to obtain higher credits and deductions with the §45L Energy Efficient Home Credit and the §179D Energy Efficient Commercial…

The existing 179D rules continue through December 31, 2022, with new rules going into effect for property placed in service January 1, 2023.

The IRS Large Business and International Division released an updated Practice Unit for its agents to audit the 179D Energy Efficient Commercial Buildings Deduction. It confirms that taxpayers can use the ASHRAE Standard…

The Build Back Better Act, if passed, has some significant changes to the 45L Energy Efficient Home Credit (45L Credit) and the 179D Energy Efficient Commercial Building Deduction (179D Deduction).

The Department of the Treasury has issued detailed information about the Biden Administration's tax proposals for fiscal-year 2022.

Proposed GREEN Act aims to bolster both the 45L Energy Efficient Home Credit and the 179D Energy Efficient Commercial Building Deduction tax incentives.