Getaway

Canopy by Hilton Tempe Downtown

FULL-SERVICE HOTEL WITH BOUTIQUE FEEL OFFERS LOCAL EXPERIENCE & TWO NEW DINING CONCEPTS

Owned and developed by Hilton brand portfolio, we are impleDriftwood Capital, Canopy menting Hilton CleanStay procedures, by Hilton Tempe Down- a new industry-defining standard of town, the new 198-room hotel at the cleanliness and disinfection, created in corner of University Drive and Myrtle partnership with Lysol, so our guests Avenue, boasts spacious guest rooms can feel reassured that an even cleaner and suites, along with approximately and safer stay is waiting for them.” 5,000 square feet of flexible meeting and event space. With the hotel’s debut comes two distinct dining venues helmed by “Bringing our vision to life has been a seasoned Valley Chef Ken Arneson. collaborative effort between our local Alter Ego, the hotel’s signature design firm, local featured artists, and restaurant located on the ground a team of longtime hospitality profes- floor, serves up elevated fusion cuisine sionals who have created a destination made with fresh locally and regionally that truly embraces the fabric of the sourced ingredients and an inventive neighborhood,” says Alan Klein, Chief craft cocktail program that aims to set custom wooden shelving, sleek marble entertaining. The terrace bar will also Enthusiast and General Manager at the bar for elevated cocktail culture countertops, and exclusive, curated feature an ongoing lineup of weekly Canopy by Hilton Tempe Downtown. within vibrant downtown Tempe. pieces from local artists. programming, events, and live music. “We hope to become a vibrant gather- Alter Ego’s modern interiors perfectly ing space that embodies the innova- complement the rich history and Open for breakfast, lunch and din- “We are thrilled to partner with tion present in the exciting evolution heritage of Tempe, with floor-to- ner daily, a few dishes on Alter Ego’s Hilton on the launch of one of Driftof downtown Tempe. As part of the ceiling glass windows, lush greenery, dinner menu include Long Bone Short wood’s first lifestyle hotels,” says CarRib ($26) topped with a shitake Thai los Rodriguez, Jr., President and COO mushroom sauce, grilled green onion of Driftwood Capital. “The Tempe and shishito peppers; Char Sui Pork market has been on our radar for some Tacos ($13) garnished with radish, time and we are proud to fill an underbok choy slaw, cilantro and salsa verde; served hospitality and restaurant niche and Roasted Calabrian Shrimp ($25) in such a booming, progressive city.” smothered in ajo butter and grilled lemon, served with grilled Noble A curated collection of art crafted Bread. The menu also includes robust by local Arizona artists can be found shared plates, salads, side dishes and throughout the hotel. Cairn rock desserts like Chocolate Tres Leches formations, designed by artist John Cake ($9) with house-made ancho Randall Nelson, symbolize a sense of chocolate and cajeta gelato. place and the start of a guest’s journey Alibi, the East Valley’s only full- markings of the area’s ancient Indigservice rooftop pool and bar set atop enous people. Artists Keanen Kasten the hotel’s 14th floor, is a scenic and Issac Caruso were also commisretreat for weekenders and locals alike sioned to create custom murals. looking to relax, cut loose and cool through the hotel, inspired by the trail down while lounging by the pool Situated within a commuter-friendly with music in ear and a cocktail in urban corridor, the hotel is centrally hand. With tapas-style light bites and located at 108 E. University Drive. For a curated local craft-cocktail menu, more information about Canopy by Alibi guests enjoy lounge seating, chic Hilton Tempe Downtown, visit Temcabanas, a roaring fire pit and a seat peDowntown.CanopybyHilton.com. at the custom wrap-around bar that To book a reservation at Alter Ego, features retractable climate-controlled visit AlterEgoTempe.com and learn glass walls for comfortable year-round more about Alibi at AlibiTempe.com.

Solar Must Be Installed by Dec 31st or Miss Out on 26% Tax Credit

Arizona Home Owners have until December 31, 2020 to have a solar system installed and be “Operational” to qualify for the Federal Investment Tax Credit (ITC). If the system is installed after that date the tax credit will drop to 22% in 2021 and 0% in 2022.

Is there still time for a solar project to be initiated and completed before the end of the year? According to Val Berechet, President of SunSolar Solutions, a local solar company with over 6500 customers in Arizona, it only takes one or two days to complete a solar installation. The issue is, it can take anywhere from 60 to 90 days from the point of getting a proposal to having the permit from the city and approvals from APS. So it is getting close to the point where that will become impossible to accomplish. To remove the uncertainty for their customers SunSolar Solutions will guarantee customers an installation in 2020 if they call for a proposal through October 2020.

In addition to the Federal ITC, the State of Arizona will issue a $1000 tax credit that can be applied to 2020 state taxes.

According to Solar Energy Industry Association (SEIA): If a homeowner buys the solar energy system outright (either paying cash or fi nancing with a loan), they cannot use any commence construction safe harbor provisions. To receive the full 26% residential solar tax credit, the system must be “placed in service” before the end of the day December 31, 2020. It is not enough to have signed a contract, or to have made a down payment or even to have begun construction. There is no bright-line test from the IRS on what constitutes “placed in service,” but the IRS has equated this with “completed installation” in a Private Letter Ruling. The residential credit is claimed on the tax return for the year in which the qualifying expenditures are incurred, and the tax rules say the costs are incurred when the system installation has been completed. The 25D tax credit will step down to 26% in 2020, 22% in 2021, and 0% starting in 2022.

If a homeowner buys a newly built home with solar and owns the system outright, the year that they move into the house sets their credit eligibility. Expenditures are generally treated as incurred when the original installation of the solar energy system is completed on an existing home. However, if a new solar energy system is purchased in connection with the new construction of a home, the costs are treated as incurred when the taxpayer begins living in the home.

QUICK FACTS

The ITC is a 26 percent tax credit for solar systems on residential (under Section 25D) and commercial (under Section 48) properties. The Section 48 commercial credit can be applied to both customer-sited commercial solar systems and large-scale utility solar farms.

The residential and commercial solar ITC has helped the U.S. solar industry grow by more than 10,000% percent since it was implemented in 2006, with an average annual growth of 50% over the last decade alone.

Congress passed a multi-year extension of the ITC in 2015.

A tax credit is a dollar-fordollar reduction in the income taxes that a person or company would otherwise pay the federal government. The ITC is based on the amount of investment in solar property. Both the residential and commercial ITC are equal to 26 percent of the basis that is invested in eligible solar property.

If you would like to receive a free proposal customized to your home’s roof and APS usage call Michael O’Donnell, VP of Sales at SunSolar Solutions at 602818-1355. Act now to ensure the installation in 2020 and receive the full 26% Federal ITC and the $1000 Arizona Tax Credit on this years taxes.

GO SOLAR

URGENT! LAST CHANCE AT 26% SOLAR TAX CREDIT!

623-562-9009 9059 W Lake Pleasant Pkwy H800 Peoria AZ 85382 www.SunsolarSolutions.com Don’t Miss Out! Go Solar Today!

• $0 Down, No upfront cost • Save up to 90% off your electric bill • Protect against infl ation & energy costs increases from your Utility Company • Provide clean, reliable energy for your family powered by the sun