The Coalition to Extend and Improve the 179D Tax Deduction for Energy-Efficient Buildings has prepared a letter urging that Congress pass a multi-year extension of the Section 179D tax deduction, with changes that will make the standards for qualifying “more stringent” and that will allow tribal governments and non-profits to allocate the deduction to designers.
The American Institute of Architects’ monthly Architecture Billings Index show a continuing increase in billings for both new project inquiries and new design contracts, showing “healthy business conditions at architecture firms,” according to AIA Chief Economist Kermit Baker — although both have slowed from the September levels, “suggesting that growth may moderate just a bit in the coming months.”
Just a few years ago, many people thought that comprehensive tax reform would be accomplished with a bipartisan deal — a “Kumbaya” moment when President Obama and Speaker of the House John Boehner would join hands to remake the US tax code.