Green Building Tax Incentives

March 13, 2020

Lisa White, CPA, of Meyers Brothers Kalicka,P.C., CJ Aberin, CCSP of KBKG and Brandon Val Verde, CEPE of KBKG were recently published in Business West Magazine.

Their article on Green Building Tax breaks offered insight on a pair of tax provisions, Sections §45L and §179D, which made their way into the government’s year-end spending package. These often-overlooked incentives provide a lucrative tax-saving strategy for the real-estate industry.

Not only were the 45L credit and 179D deduction extended through 2020, but the benefits can also be retroactively claimed if missed on prior tax returns. Real-estate developers, builders, and architects that may be unfamiliar with the provisions should take a closer look to avoid a missed opportunity. Read their article on Business West.

Lisa M.White, CPA
Tax Manager , > Full bio

Co-Author: CJ Aberin, CCSP
Principal – Green Building Tax Incentives, KBKG > Full bio

Co-Author: Brandon Val Verde, CEPE
Senior Manager – Green Building Tax Incentives, KBKG > Full bio

About KBKG
Established in 1999 with offices across the US, KBKG provides turn-key tax solutions, including research and development tax credits, cost segregation, green building tax incentives, transfer pricing, and more to CPAs and businesses nationwide. Learn more at https://www.kbkg.com/

< Older Post

Newer Post >

This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.

Withholding and Estimated Taxes

By Katrina Arona • May 5, 2025

Tax returns are due but once a year. However, paying taxes — through withholding from taxpayer wages, estimated tax payments, or both — is a year-round activity. That’s why it’s a good idea for taxpayers to review their tax payments regularly throughout the year to ensure they’re as accurate as possible.

An Update to Keep an Eye On, New Audit and Review Thresholds for Non-Profits Operating in Massachusetts

By Katrina Arona • April 28, 2025

As of November 2024, for Non-Profits operating in Massachusetts there are new audit and review thresholds to keep an eye on at a state and federal level.

Adequately Disclose Your Asset Transfers on a Gift Tax Return

By Katrina Arona • April 10, 2025

When making transfers of business interests or other assets to family members, there’s a three-year period where the IRS can challenge their values for gift tax purposes. During that time, the tax agency can claim the transfers originally treated as nongifts were actually gifts or partial gifts.