ay less to Uncle Sam too. Sounds like a win-win. “By reducing overall energy demand one family or business at a time,” said U.S. Energy Secretary Samuel Bodman, “we are also increasing America’s energy security.” The program has the additional bonus of being environmentally conscious. So how exactly does the program work? It provides tax credits for your federal return. Say you bought a new hybrid car or had your win…
Filed under Tax Refunds by on Sep 28th, 2009.
Making energy-efficient home improvements and purchasing fuel-efficient hybrid electric vehicles is no longer just an environmentally friendly move -making these purchases could save you money at tax time. That’s because the Energy Policy Act of 2005 will offer consumers federal tax credits for making energy-efficient purchases. Using energy-efficient appliances and installing better windows and insulation can provide many benefits. In ad…
Filed under Tax Refunds by on Aug 20th, 2009.
As we sit in the middle of winter, most people cant believe how high their utility bills are. Going with solar energy can lower your bills and you get a hefty tax credit Solar Tax Credit Solar energy is a clean, renewable energy source. The production of solar energy on residential and commercial structures creates no pollutants and is starting to make serious financial sense. In 35 states, the concept of net metering is now an established fact….
Filed under Tax Refunds by on Oct 8th, 2009.
Homeowners who purchase high-efficiency heating and cooling equipment may benefit from legislation recently signed into law. Last August, President Bush signed the Energy Policy Act of 2005. The act includes the home- energy efficiency tax credit, which offers homeowners as much as $300 in tax credits with the purchase of qualified high-efficiency heating, cooling and water-heating equipment. The legislation defines the type of equipment and th…
Filed under Tax Refunds by on Aug 16th, 2009.