April 3, 2009, Fort Worth, TX – SourceCorp today announced a fundamental commitment to protect the environment by becoming an ENERGY STAR partner. SourceCorp through its voluntary partnership with the U.S. Environmental Protection Agency’s ENERGY STAR Program, will work to improve energy efficiency and fight global warming. SourceCorp believes that a strategic, corporate energy management program will help us enhance our financial health and aid in preserving the environment for future generations.
“With growing concern over the economy, companies should pursue every avenue for increasing cash and the Commercial Building Tax Deduction is one method that can help achieve this goal,” said Matt Rader, director of SourceCorp’s Commercial Building Tax Deduction division. “If your company owns or leases commercial buildings – which includes most types of buildings, including residential buildings with four or more stories above grade – and you have installed or retrofitted the property to be more energy efficient, you may be eligible for a deduction for part or all of the costs associated with the installation or retrofit. This opportunity allows for the potential immediate expensing of costs that would otherwise be capitalized and recovered through depreciation over 27.5 or 39 years.”
“Environmental responsibility is everyone’s responsibility – and today I’m pleased SourceCorp is taking this motto to heart,” said EPA Administrator Stephen L. Johnson. “By making smart energy choices, SourceCorp is helping improve our nation’s energy and environmental outlook.”
SourceCorp Specialized Business Tax Consulting:
As the nation’s leading provider of specialized business tax services, SourceCorp helps clients maximize state and federal tax incentives, increase cash flow, minimize tax payments, and increase ROI.
Pay Less Tax. Save More Money.™
For more information about SourceCorp, visit www.SourceCorpTax.Com or call 1-817-732-5494.
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