HOUSTON, Oct. 31, 2017 /PRNewswire/ -- alliantgroup Director of Energy Credits and Incentives Andy Gerstenhaber and National Director Valerie Ward will be hosting a free webinar entitled "Contractors: Benefits for Working on Government Buildings" tomorrow, November 1 at 12:00 pm CT. During this presentation, Gerstenhaber and Ward will discuss how businesses that make improvements to a government-owned building's HVAC, interior lighting or envelope can qualify for a powerful tax deduction known as the Energy-Efficient Commercial Building Deduction, commonly known as the Section 179D deduction.
Many contractors are taking advantage of this incentive for the work they have already completed. Public buildings such as K-12 schools, universities, hospitals, stadiums, offices, correctional facilities and other types of government-owned buildings (be they owned at the federal, state or local levels) can qualify contractors for the deduction. For the common projects that contractors perform, such as renovations and retrofits that improve energy-efficiency, business owners can receive a deduction of up to $1.80 per square foot.
"The 179D deduction presents a powerful opportunity for business owners, and any business that has done prior work to a government-owned building such as a public school should immediately find out if they qualify," said alliantgroup CEO, Dhaval Jadav. "Andy and Valerie have helped businesses claim this deduction for years, and I am so excited they have the opportunity to share their valuable insights with contractors and construction business owners."
Please click here to register for tomorrow's webinar.
alliantgroup's mission is one of education and awareness. The firm aims to help U.S. businesses and their CPA advisors claim every incentive available for their benefit. To date, alliantgroup has helped over 12,000 businesses claim more than $6 billion in tax incentives, with $1.5 billion delivered in the form of 179D deductions. alliantgroup has offices nationwide and is headquartered in Houston. For more information, please see alliantgroup on Facebook, Twitter and LinkedIn.
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