179D Solution

Introducing our 179D product, designed to simplify the complex process of tax filing for energy-efficient commercial buildings. Pilotlight is the only platform that automates essential communications between stakeholders in order to streamline hand-offs and certify the documentation required for 7205 tax form submission. With Pilotlight, CPA's can easily integrate and maintain client records in order to protect against audits, maintain accurate record keeping while also maintaining accounting best practices.  

The Benefits:
179D Tax Solution

Automated workflow

Capitalizing on the benefits of 179D is central to Pilotlight’s mission to help CPA's determine 179D tax incentive eligibility for their commercial real estate clients and ensure that the necessary deduction criteria is applied to every green project scenario or energy efficiency retrofit.  Along with facilitating building qualification and feasibility, Pilotlight connects CPAs with a qualified professional engineer to perform energy modeling and certification.  

Instantly generate estimations, contracts & 7205 form

This powerful tool streamlines the entire process, ensuring smooth and efficient hand-offs between clients and their CPAs. By automating these critical tasks, Pilotlight reduces the time and effort required, allowing CPAs to focus on providing exceptional service. The seamless integration of documentation and communication ensures accuracy and compliance, making the 179D product an indispensable asset for managing energy tax incentives.

Customizable client portal

Pilotlight's customizable client portal empowers CPA firms to streamline communication and enhance efficiency. This intuitive platform allows clients to easily upload files, ensuring that all necessary documentation is securely shared and organized. The portal simplifies workflow by centralizing client interactions and automating routine tasks, reducing administrative burdens and accelerating response times.

Connecting Engineers with CPA firms

Coming soon! Along with facilitating building qualification and feasibility, Pilotlight connects CPAs with a qualified professional engineer to perform energy modeling and certification.  

What is 179D?

The 179D tax deduction is a valuable incentive for commercial building owners and designers to implement energy-efficient building systems. At Pilotlight, our 179D product streamlines the process, helping clients navigate the complexities of tax filing while maximizing their deductions. By leveraging our expertise, clients can ensure compliance with all regulatory requirements and benefit from significant savings, all while contributing to a more sustainable future.

  • The 179D tax deduction is a federal incentive for energy-efficient commercial buildings, providing a deduction of up to $5.60 per square foot for qualifying energy-efficient improvements and utilizing prevailing wages on skilled labor.

  • Owners of commercial buildings, designers of government buildings, and lessees making energy-efficient improvements can qualify for the 179D tax deduction.

  • Qualifying improvements include energy-efficient lighting systems, HVAC systems, and building envelope components that meet specific energy reduction targets.

  • The deduction can range from $1.80 - $5.60per square foot of the building, depending on the extent of the energy efficiency improvements made and compliant prevailing wages.

  • Yes, the deduction can be applied to improvements made in prior tax years, subject to certain limitations and the ability to amend previous tax returns.Item description

  • While non-profit organizations cannot directly claim the deduction, designers and contractors who make qualifying improvements to government buildings can allocate the deduction to their businesses.

Other Pilotlight Solutions

Cost Segregation

Pilotlight's cost segregation intuitive interface and robust data management features, it enhances accuracy and efficiency, making cost segregation studies faster and more effective.

Investment Tax Credit

Pilotlight's investment tax credit solution simplifies the process of claiming ITCs for renewable energy projects by providing a streamlined workflow and comprehensive documentation management.

Prevailing Wage and Apprenticeship

This tool streamlines documentation and compliance processes in accordance to the Davis-Bacon Act, helping contractors and subcontractors maximize their 179D tax credits efficiently.