Under 179d Tax Deduction Architects, Engineers & Contractors may qualify for $1.80/sqft deduction

FOR IMMEDIATE RELEASE
West Palm Beach, Florida, United States of America (Free-Press-Release.com) January 15, 2012 -- Architects, Engineers, Contractors and other designers of government owned buildings are eligible to claim the 179D Tax Deduction for the design of either newly constructed or retrofitted buildings between 12/31/05 and 12/31/2013. If you have implemented energy efficient designs for government owned buildings, such as public schools, judicial centers, airports, public university buildings, libraries and student housing, you are eligible to receive a federal tax deduction of up to $1.80 per square foot.

ESCO's - Energy Services Companies

ESCOs, also known as Energy Services Companies, are eligible to claim the 179D Tax Deduction for their consulting and design of energy efficient systems installed on government owned buildings. Government owned buildings, for the purposes of 179D, are defined as buildings owned by a federal, state, or local government. The incentive may be used by the ESCO to lower their proposals and make them more competitive when bidding on an RFP. Also, the ESCO can use the tax deduction to simply lower their tax basis and make for a more profitable year.
Walker Reid Strategies specializes in assisting architects engineers and consultants with the process of obtaining the 179d Tax Deduction.

David Diaz
http://www.WalkerReid.com

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