179d Tax Deduction increases CPA's bottom lines while reducing their clients tax liability

FOR IMMEDIATE RELEASE
West Palm Beach, Florida, United States of America (Free-Press-Release.com) January 16, 2012 -- hrough your strategic alliance with Walker Reid Strategies, CPA firms will increase their clients return on investments.
Walker Reid Strategies can be a valued asset to CPA practices providing their clients with the required IRS Certifications to receive the Federal Tax Incentives for energy efficient property, 179D Tax Deduction.

Our accounting department will work closely with you to assure compliance with all IRS guidelines and procedures. Your strategic alliance with Walker Reid Strategies wil ensure an added benefit to all your clients allowing the opportunity to find additional deductions and increase tax payers bottom line. Contact us to discuss our 179D CPA Alliance Program.

About 179d Commercial Tax Deduction

Under the 2005 Energy Policy Act (EPACT), a tax deduction of up to $1.80 per square foot is possible for the business owner or developer. The 179D Tax Deduction specifically applies to those commercial buildings that notably reduce their interior lighting energy costs, as well as heating, cooling, and building envelope. Buildings can partially qualify for $0.60 for HVAC, $0.60 building envelope, and $0.60 Lighting. Walker Reid Strategies can help you from design to certification assuring that you take most advantage of the federal tax incentives for energy efficient construction. Walker Reid Strategies is certified by the IRS to perform all energy analysis and site inspections.

Requirements

Reduction in annual energy costs for three qualifying categories.

Energy Analysis performed to justify savings.

Inspection by a qualified Engineer or Contractor in the Jurisdiction.

What Qualifies?
Building Envelope: Save $0.60 per square foot for a 10% reduction.
HVAC: Save $0.60 per square foot for a 20% reduction.
Lighting: Save $0.60 per square foot for a 20% reduction.
Partial credit: 30-60 cents for a 25-40% reduction in lighting power density

Receive $1.20 or $1.80 for meeting requirements in multiple categories.

Who Qualifies for 179D?
Commercial Buildings (Any Size)
Apartments, four or more stories, for lease
Commercial Renovations, Retrofits
Government Owned Buildings

Who Saves?
Commercial Buildings (Any Size)
Building Owner or tenant at the time of the building improvements
Public Buildings: The owner may allocate the deductions to the Architect, Engineer, Contractor, or Energy Consultant.

Time Frame
Building must be completed or renovated between December 31, 2005 and January 1, 2014.

For more information on the 179d Tax Deduction and how you can add a revenue stream to your growing accounting practice feel take a look at our website. http://www.walkerreid.com/alliance-program/cpa-alliance-program

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