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WHAT TYPE OF SAVING CAN I EXPECT
 

That's a hard one since each house is different. It just makes sense that keeping more of your conditioned air inside your home, be it winter or summer, will lower your heating or cooling costs, making you more comfortable for less money.


 
Can a homeowner claim $1500 in tax credits for improvements made in 2009, and then again claim tax credits for more improvements made in 2010?
No, taxpayers are eligible for a total of $1500 in tax credits for improvements made over the combined two year period.


What is the residential renewable tax credit regarding Geothermal or water source heat pumps?
A taxpayer may claim a credit of 30% of qualified expenditures for a system that serves a dwelling unit located in the U.S. used as a residence by the taxpayer. Expenditures include; labor costs for onsite... [ read more ]


Who do I contact if I have questions about the Federal tax credit?
Please contact your accountant or tax professional. We are not responsible for the information provided. We are just passing along the information provided to us.


What are the qualifying criteria to get the 2009 and 2010 Federal Tax Credits for energy efficient residentail HVAC equipment?
The revised criteria for qualifying residential HVAC equipment under Section 1121 of the ARRA legislation are as follows:
1. A natural gas, propane, or oil furnace rated at 95.0% AFUE or higher.
2. Any... [ read more ]


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