BLUE Energy Group

"Blue Energy Group" Pushes for Tax Deductions for Architects, Engineers, ESCOs, Accounting Firms, and Building Owners

Section 179D Specialists Partner with NAESCO and Other Organizations in Extending the Energy-Efficient Commercial Building Tax Deduction (EPACT)

 

Louisville, KY -- (SBWIRE) -- 05/03/2016 -- Following this most recent tax season many companies are burdened with the weight of tax debt while some companies, on the other hand, find significant tax relief in the use of tax credits and deductions. Whatever tax filing deadline applies, and whether the net operating result is a gain or a loss, the federal tax issue does not pass without being noticed. Especially watchful is Blue Energy Group – a company built on the function of seeing to it that tax dollars are retained by those organizations working hardest to efficiently design and utilize methods of energy conservation. In fact, Blue Energy's success depends on reducing its clients' tax liability through tax deductions – namely the Energy-Efficient Commercial Building Tax Deduction, or for short, the Section 179D tax deduction.

Changes in tax law do occur and for that reason Blue Energy Group's role has never been more vital. The 179D tax deduction is currently set to expire at the end of the 2016 calendar year, which means that some companies – including many small businesses –could lose the opportunity to save millions of dollars in taxes. Many of Blue Energy Group's clients – which include owners of architect companies, construction companies, and engineering companies – will suffer from this serious shift in policy if it occurs.

For this reason, Blue Energy Group is strategically and aggressively supporting groups that assert the greatest influence through education, lobbying and other effective activities. Earlier this year, Blue Energy joined forces with NAESCO by becoming an annual Platinum level sponsor, as well as an annual conference Gold sponsor with the Energy Services Coalition. NAESCO, in particular, has been, and continues to be, instrumental in its intense focus on lobbying efforts. Blue Energy also sponsors the Kentucky Chapter of the American Institute of Architects (AIA) because of its strong lobbying efforts to extend the 179D tax deduction.

Josh Howes, owner of Blue Energy Group, explains that, "2016 has been a year of focusing our efforts even more intensely on making sure 179D gets renewed. There is a lot at stake across multiple industries if it does not go through and that's why we're so dedicated and determined." If 179D is not allowed to continue, Howes states that, "the effect will not only work a hardship on Blue Energy's clients but will have an adverse economical and environmental impact on all commercial building owners."

More information about Blue Energy Group, its processes and candidacy, as well as additional facts regarding 179D, can be found on Blue Energy Group's website.

About Blue Energy Group
Blue Energy Group works with clients all across the United States to help them take advantage of the 179D tax deductions granted to building owners and designers of energy efficient systems. Blue Energy's clients include architects, engineers, energy service companies (ESCOs), accounting firms, and building owners who seek to take advantage of the tax benefits currently allowed under Section 179D of the Internal Revenue Code, related to energy efficient buildings.

http://www.bluergy.com/