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Written by Patrick Powers, Cook and Zook Team
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Wednesday, 19 August 2009 00:00 |
 There are new federal tax incentives for 2009 and 2010 that will help cut the costs of going green in your home. This is another effort by the government in hopes to reduce the carbon footprint of our society. The government is planning on paying for 30 percent of the cost of each qualified energy efficiency improvement up to $1,500 each year. That means you can claim a tax credit in 2009 and another tax credit in 2010 for work done in each respective year. That’s a total of $3,000 tax credit in two years! The energy efficient improvements include energy saving windows, attic and wall insulation, air conditioners, furnaces and more. There are some rules and limitations, so please learn more about this tax credit by clicking here. We wrote a blog post entitled "Stimulus Package Tax Credit Part 2" addressing the energy efficient tax credits back in February that has some additional links and helpful information.
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