Green Options » tax deductions http://greenoptions.com/tag/tax-deductions Posts tagged 'tax deductions' Sat, 15 Mar 2008 18:24:41 +0000 http://wordpress.org/?v=2.5.1 en Increasing Tax Breaks for Public Buildings http://greenbuildingelements.com/2008/03/15/increasing-tax-breaks-for-public-buildings/ http://greenbuildingelements.com/2008/03/15/increasing-tax-breaks-for-public-buildings/#comments Sat, 15 Mar 2008 18:24:41 +0000 Philip Proefrock http://greenbuildingelements.com/2008/03/15/increasing-tax-breaks-for-public-buildings/ money stock image The IRS has had tax deductions in place through the Energy Policy Act of 2005 which allow taxpayers to deduct the cost of energy-efficient equipment installed in commercial buildings they own. But publicly-owned buildings aren’t taxed, and therefore, there is no additional tax savings to the building owner. However, the law allows the designer of the energy-saving portion of a public building to claim the tax credit.

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