The 179D tax deduction came about as part of the Energy Policy Act of 2005 (EPAct). Congress wanted to incentivize the utilization of energy-efficiency components in a building to one of the following parties: 1.The owner of the building 2.The tenant 3.The primary designer of an energy-efficient government building. (Architect, engineer, contractor etc.) The deduction available is up to $.60 per sq./ft. for lighting, HVAC and building envelope, creating potential for $1.80 per sq./ft. if all three components qualify. These deductions are applicable to buildings that were either built or retrofitted after 12/31/2005. Since EPAct came into effect, the IRS…

Phoenix, AZ Phoenix-based consulting firm, Capital Review Group (CRG), has released a series of white papers designed to help educate business owners and accounting professionals on some of CRGs most sought after service offerings. White paper titles include: Benefits of the Cost Segregation Study for Commercial Property Owners Are you Ready to Take Advantage of the New Green Tax Incentives for Commercial Property Owners? When is an Energy Audit Indicated? Passive Activity and Cost Segregation CRG Founder, Marky Moore, says that the White Papers offer valuable insights into the specialized work that CRG does for their clients. This is an…