3D Baking Company – Section 179D Overview
Ayming specializes in connecting businesses with federal and state tax savings based on a variety of business investments they make, allowing them to free up capital to spend on building and maintaining a business rather than overpaying in taxes.
For some, including the 3D Baking Company, large tax savings can be found through investment in energy-efficient expansion of assets like company buildings.
Section 179D incentivizes commercial building owners to opt for energy-efficient building materials, techniques and components whenever they develop new properties or improve upon existing ones. This federal tax deduction allows owners and designers to claim up to $5 per square foot in tax savings.
Qualification for this deduction, otherwise known as the Energy-Efficient Commercial Building Property (EECBP)Tax Deduction, requires meeting ASHRAE energy efficiency standards. The team at Ayming has helped many businesses organize their documentation and consulted on how best to go about claiming this remunerative tax benefit.
Intro to the Client
3D Baking Company is a traditional artisan bread manufacturing company based out of Chicago, Illinois. They create proprietary breads for many big box retail grocers that sell their product nationwide. 3D Baking recently expanded and acquired a second location due to an increased demand of their breads, which in turn created a large influx of revenue to their business.
Ayming USA’s expert team
Ayming USA’s delivery team consists of 179D experts that evaluated the energy efficiency of 3D Baking’s buildings and provided a detailed analysis of the potential tax savings. Following the technical and financial kick off, Ayming interviewed 3D Baking’s technical team to assess all previous and current projects to identify qualified components for the 179D claim. With the financial part of the claim completed, Ayming delivered the final report for 3D Baking to sign off and submit to the IRS.
“We are very satisfied working with Ayming. They have so many valuable experts who helped guide us through the 179D process. The advantage we received from partnering up with the experts at Ayming has benefited my company more than we can measure. I 100% recommend Ayming’s services as they are a value-add to your company.”
Willie Zimberoff, President
Results & Innovation
The 179D Commercial Building Owner Tax Deduction study for 3D Baking yielded over $120,000 in tax deductions! 3D Baking’s recent renovations to their buildings, coupled with the other various energy efficient components of their buildings, resulted in both of their projects reaching the full 179D tax deduction.
For more information on Ayming’s 179D Tax Deduction service, get in touch with our experts today:
