ARTICLE

What’s the latest on Section 179D for my business?

by: Smith and Howard

June 21, 2021

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The Inflation Reduction Act expands and increases the permanent tax deduction from $1.88 per square foot to $5 per square foot to encourage the construction on energy efficient buildings. It applies to multi-family buildings 4+ stories tall as well as energy-efficient retrofits of older building. Please reach out to our tax team for more.

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If you have any questions and would like to connect with a team member please call 404-874-6244 or contact an advisor below.

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