If you’re a Design/Build firm operating in the government sector, you may have earned an impressive tax deduction — as much as $1.80 per square foot — through an IRS provision called Section 179D.
But it doesn’t just come to you. You need to have the government owner of the project* write what’s called an “allocation letter,” assigning you all or part of the deduction. You need to have an independent third-party entity certify the energy savings.
And claiming the deduction is a first-come, first-served situation — once all of that $1.80/SF deduction is allocated, it’s gone for that project. So time is of the essence.
Concord is the industry leader in Section 179D services:
- Helping you determine if a project is eligible.
- Helping you write allocation letters (we can even handle contacting your client to secure them).
- And certifying the energy savings you’ve designed.
You’ve done the work — make sure you get the deduction you’ve earned. Contact Concord today.
* “Government buildings” might be schools, public colleges and universities, libraries, town halls, airports and other transportation facilities, post offices, courthouses, military bases, government offices or other publicly funded properties.