March 1, 2024

Mid-Atlantic Construction Leader Marty McCarthy explores strategic moves for construction and energy savings for Surety Bond Quarterly

Surety Bond Quarterly

By Marty McCarthy, Partner, Tax & Business Services, Mid-Atlantic Construction Practice Leader

Mid-Atlantic Construction Leader Marty McCarthy explores strategic moves for construction and energy savings for Surety Bond Quarterly Construction

Excerpt:

According to the Department of Energy, the tax incentives within section 179D primarily benefit property owners and tenants that make construction expenditures. If you haven’t revisited them lately, it’s important to note that they were greatly enhanced by the Inflation Reduction Act. Let’s take a closer look at the details of the new legislation, and you’ll see just how advantageous these recently updated tax incentives can be for contractors and construction firms.

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Marty  McCarthy

Marty McCarthy

Office Managing Partner

  • Tax & Business
  • Blue Bell, PA