Showing posts with label Energy Efficient Home Improvements Tax Credit. Show all posts
Showing posts with label Energy Efficient Home Improvements Tax Credit. Show all posts
Wednesday, March 4, 2009
Energy Efficient Home Improvements Tax Credit
The new stimulus law, the American Recovery and Reinvestment Act of 2009, signed into law by President Obama on Feb. 17, provides homeowners more tax credits for energy efficient home improvements. Previously, the credit was 10% with a lifetime maximum of $500 and ended after 2009. Now a credit can be claimed on 2009 and 2010 purchases and the maximum is $1,500 for 2009 and 2010 combined.
Friday, January 2, 2009
Energy Efficient Home Improvements Tax Credit
Effective for 2009 (but NOT 2008) Congress reinstated a tax credit for energy efficient home improvements and expanded the credit to cover biomass fuel stoves (whatever those are!). – San Diego CPA Michael Fitzsimmons
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