Are you eligible for the energy efficient commercial buildings deduction?

If you’re the owner of a commercial building or a designer of one for tax-exempt organizations or government entities, you may qualify for a deduction of the lesser of the cost of installed improvements to bring a building up to a certain energy standard or a dollar amount per square foot (based on energy savings achieved and whether the prevailing wage and apprenticeship requirements are met). The IRS has a one-page publication that clearly lays out the conditions for the deduction. Take a look if you think this may apply to you. #IdeaoftheDay

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