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Monthly News For April, 2021

Angela Carlin Honored as One of Crain’s Cleveland Eight Over 80

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Angela Carlin Honored as One of Crain’s Cleveland Eight Over 80

Congratulations Weston Hurd partner Angela Carlin on being recognized in Crain’s Cleveland Business as one of eight individuals over 80 who have made outstanding contributions within their communities and their professions. According to Crain’s “Age is just a number, and these eight Northeast Ohioans, all 80 or older, are proving that adage every day. Among this year’s class are […]

179D INTERNAL REVENUE CODE TAX DEDUCTION – ENERGY EFFICIENT COMMERCIAL BUILDING DEDUCTION

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179D INTERNAL REVENUE CODE TAX DEDUCTION – ENERGY EFFICIENT COMMERCIAL BUILDING DEDUCTION

The Energy Policy Act of 2005 has been renewed several times with revisions to the level of efficiency required for the deduction. The purpose of 179D deduction is to incentivize owners and developers for installing energy-efficient lighting, mechanical, and building envelope components. The credit only applies to commercial or multifamily properties. The tax benefit is […]