Greetings,
Summer is finally here! Although temperatures are quickly rising, I am happy to see neighborhood pool openings and kids excited to bring this school year to a close.
Over the past year we witnessed small businesses close and unemployment numbers soar across the U.S. While we journey towards the road to recovery, it is important to stay in tune with market trends and discover how to earn tax deductions through energy efficient design. In this newsletter I have also included insight as to how the legalization of marijuana can change employee protections for your organization.
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If you are receiving this for the first time, we provide a monthly dose of industry news, relevant topics to the workplace, and a little humor! If you wish to opt-out, please click the "unsubscribe" link at the bottom of this email.
As always, reach out to me with questions or inquiries. Together we can streamline your HVAC needs.
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Tax Deductions for Commercial Buildings |
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What Can Be Deducted?
A tax deduction of up to $1.80 per square foot is available to owners or designers of commercial buildings or systems that demonstrate a 50% reduction in energy usage accomplished solely through improvements to the heating, cooling, ventilation, hot water, and interior lighting systems. Partial deductions of up to $.60 per square foot can be taken for qualifying measures.
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Virginia Legalizes Marijuana and Bolsters Employee Protections: What Employers Need to Know |
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Ready or not, Virginia – on July 1, 2021, marijuana becomes fully legal for adults to use and possess in-state. Virginia is now the 16th state to legalize cannabis for recreational purposes. More importantly, for Virginia employers, is that Virginia becomes the 13th state to expressly provide employment protections for medical marijuana cardholders by prohibiting employers from terminating, disciplining, or otherwise discriminating against an employee “for such employee's lawful use of cannabis oil pursuant to a valid written certification.
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Smart PPE Technology Market 2021 Top Manufacturers, Industry Share, Regional Investments and Future Trends by 2027 |
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The global smart PPE technology market size is projected to reach USD 7.70 billion by 2027, exhibiting a CAGR of 15.9% during the forecast period. Growing utilization of Industry 4.0 technologies in developing personal protective equipment (PPE) will be a game-changer for this market, finds Fortune Business Insights™ in its report, titled “Smart PPE Technology Market Analysis, Size and COVID-19 Impact Analysis, By Product Type (Smart Safety Gloves, Smart Shoes, Smart Eyewear, Smart Protective Clothing, Smart Ear Muffs/Plugs, Smart Respirator, Others), By Application (Healthcare and Medical, Fitness and Wellness, Infotainment, Industrial, Military, Others), and Regional Forecast, 2020-2027”.
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About the Katilyst Company |
Katilyst Company is your HVAC consultant and supply partner. We work diligently to eliminate unnecessary costs for your commercial projects, repair, and maintenance efforts. Our purpose is to expedite the procurement process which leads to a happier and healthier environment for our clients. When you engage Katilyst for your Commercial HVAC needs, you can expect accurate answers along with a fast and complete solution. Katilyst is a SWaM certified micro-business with 15+ years of experience. We maintain a vast network of resources to locate all types of HVAC parts and equipment.
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Katilyst also offers premier project management and consulting services at any stage of your project. We pay close attention to detail while offering flexibility, a fresh perspective, and experienced personnel. Katilyst strives for the highest level of productivity and enthusiasm at all times.
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“Katie’s role was valuable to me in many ways. Throughout the project she made herself available to answer my questions and helped me in any way she could. Her expertise and skills were prudent during the time that the work load demanded it."
— Devra Brusso, ACI, CM-Lean Process Improvement Manager
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