A lot of changes are coming to tax credits and other ways to save contractors and their clients money with the passing of the Inflation Reduction Act. This includes not only new programs, but also adjustments to regulations and extensions around exisitng credits like the 179D. It’s one of the most underused credits but it can save business lots of money. Knowing more about these credits can be a critical game-changer for your business.
In this episode, IDI Distributors’ Ken Allison sits down with Bill Harbeson, CPA/Manager at one of the largest accounting and consulting firms in the country, Cherry Baekert. Cherry Bekaert provides guidance and support that helps clients move forward to reach their organizational goals. They discuss the benefits and nuances of the 179D and how it can make a big impact our on your business.
In this podcast:
1:59 - What is the 179D tax credit?
8:00 - What’s necessary to qualify for the 179D tax credit?
21:47 - Who can claim the deduction for the building? How did the Inflation Reduction Act change this?
25:29 - What’s the best “bang for your buck” projects for insulators as it relates to this deduction?
29:00 - Which buildings are the best targets for this deduction?
30:45 - What if you own your own shop?
37:20 - What is Cherry Baekert’s role in helping contractors with 179D?
Optimizing Building Efficiency with The Passive House Network and Ken Levenson
Avoid These MAJOR Pitfalls On Spray Foam Projects with Henri Fennell
The TRUTH about Spray Foam and Metal Buildings with Rick Duncan, SPFA and John Stahl, Preferred Solutions Inc.
Maximizing Your Business Growth on Angi (formerly Angie's List) with Ryan White
Blower Door Mastery: Techniques and Tips for Contractors with Sam Myers of Retrotec
This New Tool Will Show Your Customers the Undeniable Impact of the 179D Tax Rebate
The Economic Outlook for Housing & Construction with Economist Brian Beaulieu of ITR Economics
A Conversation on Compliance: W2 Employees vs. Independent Contractors
Get to Know Your HERS rater
Alignable is a Powerful Local Business to Business Marketing Resource with Chuck Casto
The Building Performance Association with new CEO Steve Skodak
5 Best Practices for Building Business Success with Joe Arrigo
Credits, Incentives, Code Enforcement and The Inflation Reduction Act
Getting Your Marketing Ready for Rebates and The Inflation Reduction Act
Undocumented Workers: Advice from Immigration Attorney Jorge Molina
The Inflation Reduction Act: Key Strategies For Finding Workers and Working With State Energy Offices
Doing Things The Right Way with Suburban Manufacturing
Owens Corning adds Spray Foam
Right Sizing Equipment and Down Sizing Moisture Problems with Allison Bailes
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Money Mondays