Going Green, Part 1: The Energy Efficient Commercial Business Deduction29 Apr
In the first installment of my Going Green series I am highlighting the energy-efficient commercial business deduction (Section 179D). This new deduction allows businesses to deduct up to $1.80 per square foot of space in new or existing buildings where they install interior lighting, HVAC systems, or building envelope property that reduces power use to 50 percent compared to a reference building.