Monday, October 11, 2021

Commercial Energy Tax Deductions - Collin, Cooke, Denton, Grayson County TX

We found a helpful resource from Energy.gov if you make decisions for a commercial building. It reads:
"The 179D commercial buildings energy efficiency tax deduction primarily enables building owners to claim a tax deduction for installing qualifying systems and buildings. Tenants may be eligible if they make construction expenditures. If the system or building is installed on federal, state, or local government property, the 179D tax deduction may be taken by the person primarily responsible for the system’s design. The 179D tax deduction does not apply to other non-tax paying entities including but not limited to NGOs or churches unless there exists an energy-as-a-service agreement that is owned by a tax paying company. Please see IRS Notice 2008-40 or FAQs for additional information."

If you need any HVAC help in Collin, Cooke, Grayson or Denton County then you are welcome to call us today at (214) 326-0079. Thank you.

Here is the full link:

https://arctic-air-heating-and-cooling.business.site/posts/235078508143704247?hl=en

No comments:

Post a Comment