Items Tagged with 'Taxes and HVACR'

A new bipartisan bill in Congress could restore and extend critical energy efficiency tax credits, including the 179D, 45L, and key clean energy credits.

Construction industry giants clash over Trump’s State of the Union, exposing deep divides between merit shop leaders and organized labor on jobs, wages, and the future of the workforce.

The slower pace of shoulder season makes it a good time to prepare your business for the next year.

Both groups see unfinished business on the table. SMACNA flagged disappointment that several contractor-friendly residential tax credits (25C, 25D, 45L) are set to expire after 2025 or 2026. ABC is pushing for continued momentum on regulatory reform to help contractors stay competitive.

Beyond 179D, the letter also presses Congress to preserve residential energy efficiency credits — Sections 25C, 25D, and 45L — which are set to expire under both the House and Senate bills. 

The average taxpayer now has an extra $3,000 on hand - here's how HVAC contractors can capitalize. 

The Treasury Department and IRS have released multiple guidance documents over the past year, yet none of these constitute final guidance or rules. 

Biden highlighted the economic growth under his presidency, and said that while Harris has been “loyal so far,” she will “cut her own path” going forward.