News: energy efficient home tax credit

45L Energy Efficient Home Tax Credit Renewed for 2018-2020 years

An update on the tax extenders 2019 and the energy credits – the President signed into law an extension of the 45L energy efficient home tax credit last Friday. The energy tax credit is available retroactive for homes or apartments …

Tagged , , , , ,

45L Energy Efficient Home Tax Credit Passes House – Tax Extenders Bill Update

The House passed a bill today to address expired tax extenders including the Energy Efficient Home Tax Credit under Section 45L and including the 179D energy deduction for commercial construction. The bill is expected to pass the Senate and move …

Tagged , , , , ,

45L Energy Tax Credit 2017 Extension – may be tied to Continuing Resolution

If history is any guide, often tax extenders bills, like the Dec 21, 2017 Tax Extenders Act of 2017, may be tied to must-pass legislation. The next key date is January 19, 2018 when Congress must act on either a …

Tagged , , , ,

Tougher Building Codes with Silver Lining – 45L Energy Efficient Home Tax Credit

As many states and counties implement tougher building codes, this can present challenges for developers. However there is a silver lining that many developers may not be aware of – the Section 45L Energy Efficient Home tax credit still looks …

Tagged , , ,

Energy Efficient Home Tax Credit – Sec. 45L – FAQ No. 1 – Who can claim the credit – Homeowner or Builder?

The energy tax credit under Internal Revenue Code Section 45L for energy efficient construction is a valuable tax credit for incentivizing using energy efficient lighting, HVAC, insulation, windows and other aspects that results in the home or apartment using less …

Tagged , , , , , ,