Energy Tax Savers Inc.

The EPAct 179D Experts

Archive for May, 2011

Google Knol publishes our newest article titled: “How to Claw Back and Augment Missed Industrial/Warehouse EPAct Tax Deductions”

May 31st, 2011 by Charles

Many property owners of warehouses, industrial buildings, truck distribution centers and self storage facilities missed the opportunity of capturing large economic benefits of $1.20 to $1.80 per square foot in EPAct tax deductions. A building owner can obtain these incentives through the installation of energy efficient lighting. This incentive has been available since January 1st, 2006. Many tax payers were not aware that they qualified for EPAct and missed obtaining their tax incentive. Recognizing this missed opportunity, the IRS issued Rev. Proc 2011-14, allowing taxpayers to claw back missed EPAct tax deductions and file and include them in a current tax return. More importantly, the IRS announcement enables property owners to use their prior EPAct achievements to make increasingly desirable energy reducing investments that many of these same property owners want to make.

View the full published article in Google Knol here by Charles R. Goulding and Christopher Winslow

 

 

 

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Google Knol publishes our newest article titled: EPAct Tax Planning for the Top Ten U.S. Solar States

May 31st, 2011 by Charles

The U.S. is experiencing a phenomenal increase in commercial solar P.V. installations. In terms of commercial projects, the ten states with the highest growth rates are California, New Jersey, Massachusetts, Pennsylvania, Arizona, Texas, Colorado, North Carolina, Nevada, and Florida. In 2010, the U.S. market doubled in size. It is anticipated that the U.S. market will again double in size for the 2011 year. With that in mind, the U.S. will be one of the most promising solar P.V. growth markets in the world for the next two years. The largest building categories for solar P.V. installations are flat roof warehouse and industrial buildings.

Charles R. Goulding and Charles G. Goulding explain how EPAct 179D and the American Recovery and Reinvestment Act an be incorporated into manufacturers’ tax planning here:

Article here.

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Jacob Goldman’s Video Presentation for Dominion Electric Supply Company

May 26th, 2011 by Charles

Our own Senior Tax/Engineering Consultant, Jacob Goldman LEED AP, presented at Dominion Electric Supply Company’s “Spot Opportunities” seminar.

 

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Corporate Business Taxation Monthly publishes 2 of our articles titled: “The Full Circle of Solyndra PV Tax Incentives” and “The LED Lighting Tax Aspects of Restaurants”

May 26th, 2011 by Charles

Corporate taxation has published two of our articles entitled: “The Full Circle of Solyndra PV Tax Incentives” and “The LED Lighting Tax Aspects of Restaurants”. These articles discuss the tax incentives from going green and installing solar power systems or power efficient LED lighting.

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The EPAct 179D Tax Aspects of Truck Distribution Centers

May 26th, 2011 by Charles

The commercial transportation industry in the United States is highly competitive, and, at the same time, it is facing higher operating costs. One way that these businesses can cut costs is to invest in energy saving devices at truck distribution facilities. Charles Goulding, Jacob Goldman and Joseph Most explain how the EPAct and Code Sec. 179D can be used to save money and energy:

Article here

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Google Knol publishes our newest article titled: Understanding EPAct Government Designer Benefits

May 24th, 2011 by Charles

One of the most intriguing aspects of the Section 179D Energy Policy Act (EPAct) tax benefit provisions has been the provision enabling members of the government building design community to achieve a tax incentive for energy efficient design. Heretofore, excluding R & D  tax credits and previous foreign sales corporation export tax incentives for export services, it has been rare to find Internal Revenue code tax incentives that reward professional creativity.

The government building designer incentives have become critically important to many design firms big and small in an atmosphere where new commercial construction has come to a standstill and the government sector remains one of the few segments where new construction continues.

Article here

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Google Knol publishes our latest article titled: Energy Tax Opportunities with Data Center LED/ Chiller Combinations and Fuel Cells

May 10th, 2011 by Charles

Data centers have traditionally been very high energy users particularly because of the large electrical process load necessary to cool servers. Due to their large electricity consumption, data center energy use is being closely scrutinized by leading environment groups. Many data centers are currently upgrading to energy efficient lighting and energy efficient HVAC and using Internal Revenue Code Section 179D EPAct tax incentives to improve their energy projects investment return.[1] In addition data centers are increasingly utilizing fuel cells supported by 30% tax credits/cash grants to generate a substantial portion of their energy requirements.
In April of 2011, the Federal government announced that they were closing over 100 underutilized data centers, specifically mentioning the opportunity the save substantial electricity costs.
Article here

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Google Knol Publishes Our Article: Energy Tax Planning for Tennessee’s Seismic Shifts from Coal to Cleantech

May 5th, 2011 by Charles

On April 14, 2011 Tennessee’s TVA announced a monumental shift from coal fired electric utility plants to Cleantech. To prepare for this conversion, Tennessee industrial and warehouse industrial property owners should be utilizing Section 179 D EPAct tax incentives to get their buildings in fiscal and physical shape for solar P.V. This article 1) presents the tax opportunities, 2) provides the details of the recent TVA announcement, and 3) describes the Cleantech opportunity with the large Memphis and Nashville warehouse and industrial building sector.

Article here

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Google Knol publishes our latest article titled: Energy Tax Planning for Pennslyvania’s Commercial Solar P.V. Conversion

May 5th, 2011 by Charles

Pennsylvania is a geographically large state with major industrial building and warehouse space ideally suited for rooftop solar photovoltaic (P.V.) installation. Nationally, Pennsylvania ranks second in employment in warehousing, sixth in employment in trucking, and fifth in employment in logistics services.[1] Now that solar P.V. pricing has plunged, Pennsylvania is poised for millions of square feet of commercial buildings to invest in solar. Pennsylvania has major solar business advantages in that the contiguous state of New Jersey has one of the nation’s leading concentrations of experienced solar integrators and solar installers. To prepare for the high solar growth, Pennsylvania property owners should be using EPAct tax incentives to get their best building candidates including industrial buildings, warehouses, and truck distribution facilities in fiscal and physical shape for solar.

Article here

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