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Inspired Perspectives | Energy Efficiency Tax Benefits: 179D & 45L

October 25 @ 12:00 pm - 1:00 pm UTC-5


Course Description:
If you are constructing or renovating energy efficient commercial building property (EECBP) or residential property, there are tax credits and deductions you may be eligible to receive—and the benefits may even be getting better.

The Section 179D energy efficiency deduction is available to building owners or tenants paying for qualifying improvements. The deduction is worth up to $1.80 per square foot. In addition, the “designer” of government owned EECBP is eligible for the deduction. A designer creates the technical specifications for installation of the EECBP. This could include architects, engineers and contractors.

The 45L is an energy efficient home tax credit. Eligible builders may qualify for up to a $2,000 per unit tax credit for the construction or renovation of energy efficient residential properties.

If the Biden Tax Budget gets approved, the 179D deduction could increase to $5 per square foot and the 45L credit could increase to $2,500 and be extended an additional ten years.

Learning Objectives:

  • Outline qualification and benefits of 179D and 45L
  • Review process to obtaining 179D and 45L
  • Discuss anticipated changes coming from the Biden Tax Budget

Mark Rogers, Principal-in-Charge, Fixed Asset Services | Eide Bailly
Mark has over 17 years of experience helping taxpayers identify and implement tax-saving strategies made available through building, acquiring, renovating and designing property. As the leader of the Fixed Asset Services (FAS) group, Mark oversees a national team of CPAs, Professional Engineers, energy modelers, LEED professionals, architects and construction specialists. The FAS group is 30 strong with wide industry experience performing Fixed Asset Planning, 179D deduction, Cost Segregation, 45L credit, Tangible Property Regulations and Construction Tax Planning studies.

Joe Sawatske, Principal, Energy Incentives | Eide Bailly
Joe has over 13 years of experience in helping taxpayers realize tax incentives through the construction, renovation and design of energy efficient real estate. As the head of Eide Bailly’s Energy Efficiency Incentives (EEI) group, Joe oversees a national team of Professional Engineers, energy modelers and HERS Raters. The growing EEI group is 14 strong with extensive experience in performing 179D deduction, 45L credit and ENERGY STAR studies.

Kristin Gustafson, Director of 179D, PE, CEM, BEMP, LEED AP | Eide Bailly
Kristin leads the 179D department and is a Professional Engineer licensed in 49 states. She is also a certified building energy modeling professional with over 15years of consulting experience, and helps clients identify and pursue opportunities for specialty services including 45L, Energy Star Certifications, and utility incentive programs.

Andrea Mouw, JD, CPA, Partner-in-Charge, Accounting Methods and Periods | Eide Bailly
Andrea has more than 13 years of experience providing tax consulting and advisory services to a wide range of clients. Her primary area of focus is accounting methods including income and expense recognition, inventory, capitalization and cost recovery. She also assists clients in filing accounting method change requests (Form 3115) and advises on a number of issues related to the TCJA including section 163(j), section 168(k) and small taxpayer accounting method opportunities as well as issues related to virtual currency and debt instruments and modifications.

CPE Information
CPE Credit: 1
Field of Study: Taxes
Level of Knowledge: Basic
Delivery Method: Group-Internet Based

Additional Information:
 This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Amy DeGeorge.


October 25
12:00 pm - 1:00 pm UTC-5


Eide Bailly