Energy Efficient Commercial Buildings Deduction

On December 27, 2020, a $1.4 trillion omnibus spending bill with tax extenders was signed into law. The tax provisions include a permanent extension of the §179D Energy-Efficient Commercial Buildings Deduction and a one-year extension of the §45L Energy-Efficient Home Credit. Both the provisions would have expired at the end of 2020.

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Qualified Leasehold Improvements

What is a Qualified Leasehold Improvement Property? Qualified vs. Non-Qualified Leasehold Improvements From 2001 through 2017, Qualified Leasehold Improvement Property (QLIP) were most improvements

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