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Source Advisors

Claim 179D Tax Deductions as a Designer

Unlock Significant Tax Benefits for Energy-Efficient Public Projects.  Source Advisors can guide you through leveraging Section 179D deductions for maximum savings.

What is the 179D Tax Deduction?

The 179D tax deduction is a federal tax incentive designed to encourage energy-efficient construction and renovation of commercial buildings. As a designer of public projects, you may be eligible to claim this deduction for your work.

To qualify for the 179D tax deduction, your project must meet specific energy efficiency standards. These standards are based on the building’s energy use compared to a baseline building.

Eligible Projects

  • New Construction: Buildings that are constructed from scratch.
  • Renovations: Substantial renovations to existing buildings.
  • Additions: Additions to existing buildings.

Qualifying Projects

  • Federal, State, and Local Government Buildings: Schools, universities, libraries, museums, convention centers, prisons, and other public facilities.
  • Tax-Exempt Entities: Non-profit organizations, religious institutions, and other tax-exempt entities.

What You Could Save

Save up to $1.80/SF on buildings placed in service by 2020, and up to a staggering $5.00/SF for those in service in 2023. Deductions are calculated based on square footage and energy savings, aligning with ASHRAE Standard 90.1 requirements.

Speak with a Specialist Get a Free 179D Consultation

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Discover the Source Advisors Difference

Our industry experience and expertise in 179D and our other services has helped businesses claim billions of dollars in tax credits and incentives.

Our comprehensive knowledge in 179D Tax Deductions ensures a holistic approach to maximizing your tax savings.

We understand that every business is unique. Our personalized strategies are designed to meet the distinct needs and goals of your company.

Our 40-year history of achieving substantial tax credit savings for clients across various industries is a testament to our commitment and expertise.

Stay ahead of the curve with our up-to-date knowledge of tax legislation and compliance requirements, providing you with peace of mind.

Our dedicated support team is readily available to guide you through every step of the process, ensuring a smooth and stress-free experience.

Contact Source Advisors for a Free Assessment

Embrace the power of tax credit savings with Source Advisors and propel your business towards growth and success. Partner with us today to unlock your company’s full potential.