The modern standard for claiming the 179D Deduction
The 179D, Energy Efficiency Deduction, was instituted as part of the Energy Policy Act in 2005. The 179D incentive encourages the design of energy efficient commerical buildings and applies to both new construction and renovations. The energy efficient components are HVAC, interior lighting and building envelope. The deduction offers significant savings to the designers (usually the architects or engineers) of government owned or non-profit buildings. In addition, this also applies for commercial building owners.
SPRX simplifies the process by quickly determining your eligible deductions and providing a comprehensive report with all necessary documentation and certifications.
SPRX simplifies the process by quickly determining your eligible deductions and providing a comprehensive report with all necessary documentation and certifications.
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How SPRX saves you
time and money
1. Gather and upload your files to our software
We integrate with popular enterprise softwares Asana, Azure, Jira, Trello, Quickbooks, Netsuite, and much more.
For added flexibility, our uploading portal allows you to effortlessly import data via spreadsheets, PDFs, and various other file formats. Simply upload your files or integrate with your data provider, and our system takes care of the rest.
For added flexibility, our uploading portal allows you to effortlessly import data via spreadsheets, PDFs, and various other file formats. Simply upload your files or integrate with your data provider, and our system takes care of the rest.
2. Our AI-powered software processes your documents
Our industry leading software processes your project lists, contracts, works orders, construction documents, blueprints, etc.
We will generate a list of qualified projects and generate allocation letters within minutes compared to what traditionally days or weeks
We will generate a list of qualified projects and generate allocation letters within minutes compared to what traditionally days or weeks
3. Allocation Letter Procurement
We work on your behalf to secure allocation letters.
If we can’t secure the allocation letter for your project, there is no fee. The risk is ours!
If we can’t secure the allocation letter for your project, there is no fee. The risk is ours!
4. Modeling
Our team of engineers will model the building design to a reference building based on the corresponding ASHRAE standards.
Your deduction amounts will then be calculated on current energy and prevailing wage requirements.
Your deduction amounts will then be calculated on current energy and prevailing wage requirements.
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5. On Site Certification
SPRX has engineered the most advanced technology to document and certify the building.
Our online portal allows you access to view all real time pictures and videos
Our online portal allows you access to view all real time pictures and videos
6. Receive an audit-ready report
Your 179D claim package is ready, fully equipped with detailed calculations and all supporting evidence.
We go a step further by providing audit support and including all the comprehensive reports you need to seamlessly file your taxes, ensuring compliance and peace of mind throughout the process.
We go a step further by providing audit support and including all the comprehensive reports you need to seamlessly file your taxes, ensuring compliance and peace of mind throughout the process.
Frequently Asked Questions
What is the 179D deduction?
The 179D deduction is a federal tax incentive that rewards energy-efficient upgrades in commercial and government owned buildings. Eligible projects can claim a deduction of up to $5.65 per square foot for qualified improvements. The types of upgrades that qualify include lighting, HVAC (heating, ventilation, and air conditioning), and building envelopes.
Who can claim the 179D deduction?
Owners of commercial buildings and architects, engineers or other design contractors involved in the design specifications of the eligible components.
What types of buildings qualify?
Government owned, non-profit, or tribal owned buildings. Government included federal, state or municipal property. Commercial buildings qualify as well.
Does SPRX Provide Full 179D services?
We’re a one stop shop 179D Deduction provider that will compute your deduction, prepare a report, and assist in IRS audit exams. What sets us apart from all other providers is that we utilize advanced technology to automate 80% of the 179D deduction tasks. We use our technology to save you time.
How will SPRX help me obtain the allocation letters?
With your guidance, our team of industry experts will create a game plan to secure these letters on your behalf. If we are unsuccessful obtaining the allocation letter, there is never a fee for that project.
How will SPRX obtain a certified energy model for my buildings?
Our national team of certified energy modelers will ensure your report includes everything needed for a successful tax filing.
As a tech company, does SPRX have tax experts?
Yes! Our tax team has over 40 years of experience with the 179D. We continue to stay current on the updated regulations.
Ready to claim your 179D Tax Deduction?
Join thousands of companies saving time and money with our revolutionary platform.
