News

It’s finally done.

Congress has passed a tax extenders package that renews the Section 179D energy-efficient building deduction for two years — 2015 and 2016. (The 2015 renewal applies retroactively to buildings placed into service since the beginning of this year.)

Congress gave itself an extension Friday, passing a five-day continuing resolution that will keep the government open until Dec. 16, when it hopes to pass a package that bundles the year-end spending bill with a host of other provisions.

Concord joins more than 2,000 other companies to sign a letter to members of Congress, urging them to pass legislation extending or making permanent the set of tax incentives known as “tax extenders.”