KBKG Welcomes Jesse Stanley as New Practice Leader to Support CPAs, Architects, Design/Build Contractors and More with 179D Tax Deductions

10/24/2022

PASADENA, Calif., October 24, 2022 (Newswire.com) – KBKG Tax Credits & Incentives firm welcomes Jesse Stanley as its Director and Practice Leader of the 179D Tax Deduction Group. The firm has provided 179D engineering analyses to CPAs and businesses for over a decade. Jesse further expands KBKG’s expertise in the 179D, green energy, and sustainability … Read More

How the Inflation Reduction Act of 2022 Expands Energy Efficiency Tax Incentives for the Real Estate Industry

08/12/2022

As featured in Accounting Today On Tuesday, August 16, 2022, President Biden signed the Inflation Reduction Act. Both existing and expired energy efficiency tax incentives including 179D Deductions and 45L Credits have been expanded significantly. Who Benefits? Commercial Building Owners Multifamily Building Owners Investors Developers Homebuilders Architects Engineers Design/Build Contractors Other designers and builders Increase … Read More

Senate Passes Groundbreaking Inflation Reduction Act, Expanding 179D Deduction for Architects, Engineers, and Designers

08/07/2022

We recently posted a brief update on the Inflation Reduction Act. After negotiations between Senate Majority Leader Chuck Schumer and Senators Manchin and Sinema, an updated Inflation Reduction Act has passed the Senate and moves one step closer to being enacted through the House of Representatives and President Biden. With the Senate being the toughest … Read More

Inflation Reduction Act of 2022

07/31/2022

After months of negotiations, Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D- W. Va., reached a deal to move forward on a pared-down reconciliation bill on climate and taxes.  The bill, titled the Inflation Reduction Act of 2022, aims to do the following: Reduce the deficit Invest in domestic energy production and … Read More

Are You Looking To Upgrade Your R&D Credit or 179D Provider?

06/14/2022

Are you looking to upgrade your R&D credit or 179D provider? As you begin to evaluate potential service providers, it’s important to remember that there are significant differences between R&D credit and 179D advisors in the marketplace. Sometimes taxpayers are not immediately aware of how those differences may impact their experience from start to finish. … Read More

KBKG Tax Insight: Energy Efficiency Tax Incentives Extended and Made Permanent

12/21/2020

After months of negotiations, Congress will pass a $900 billion COVID-relief package along with a$1.4 trillion spending package that funds the government for the 2021 fiscal year. President Donald Trump is expected to sign and enact this bill. In addition to providing a second round of COVID relief, the spending bill includes tax relief for … Read More