The Most Permanent and Powerful Deduction: The New 179D

Many architects, engineers, and the CPAs who serve them do not realize that there are lucrative deductions available through the Section 179D.

Under recently expanded guidance, this deduction can now be worth up to $5 a square foot for businesses who work on public projects, including nonprofits and tribal lands. If your company or your clients have not reviewed their projects in the past year, there is substantial benefit in hearing the latest update.

alliantgroup Senior Director Neil Shah will join former Congressman Rick Lazio to discuss the latest changes to the deduction, as well as the new safe harbor program. If you or your clients work on public projects, including nonprofits and tribal lands, that scope of work could entitle them to potentially game-changing deductions.

Learning Objectives:

• The latest updates to Section 179D
• How architects, engineers, and other contractors qualify for this deduction
• Our Tax Court validated study process