Tax Savings Generated By Going Green

Cheryl Folkerth, Partner, Discusses Tax Credits
And Deductions That Businesses Can Enjoy By Reducing Their Energy Usage 

In the podcast, Cheryl Folkerth, partner at Abalos & Associates, discusses the tax credits and deductions that businesses can enjoy by reducing their energy usage, including the Energy Efficient Commercial Building deduction, where owners can benefit if they reduce energy and power costs in their building by at least 50 percent, the Business Energy Investment tax credit of 10 percent to 30 percent of the purchase cost for alternative energy equipment and the Alternative Refueling Property tax credit of up to $30,000. Also discussed are whether businesses can still qualify for deductions if their reductions in energy usage are less than 50 percent, and if there any “going green” tax incentives for business owners that are specific to Arizona. 

Listen to Tax Savings When Going Green