179D Today and Tomorrow: The Future of Green Building Tax Incentives 2024

Overview

Section 179D allows building owners to claim up to $5.00 per square foot for energy-efficient buildings. This deduction has been around since 2005 and has had major changes recently. In this introductory webinar, our licensed professional engineer will discuss the background of this powerful green building deduction and the recent changes created by the Inflation Reduction Act of 2022. This session will include details about the alternative qualification path known as the Retrofit Program and what this new path means for building owners and designers of buildings. Companion course: Interaction Between Cost Segregation and 1031 Exchanges

Highlights

• Overview of the 179D Deduction
• The expansion and increased impact of 179D in future years
• Overview of the Retrofit Program for 179D
• What the Inflation Reduction Act means for building owners and designers of buildings

Prerequisites

None

Designed For

CPAs, Enrolled Agents and professional staff.

Objectives

• Identify the energy-efficient building tax deduction
• Recognize how recent legislative changes impact your Architecture, Engineering, and Construction clients
• Determine the potential value and next steps around this tax deduction

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.