As we approach the end of 2011, it’s time to start thinking about additional deductions and credits. Don’t miss the excellent tax CREDIT for energy improvements.

For 2011, you can still get a tax credit for 10% of cost up $500 (so $5,000 purchase gets you a $500 credit) on biomass stoves, HVAC, insulation, roofs (metal & asphalt), water heaters (non-solar) and windows & doors. This is available only on your existing home which is your primary residence, i.e. not new construction. This credit expires 12/31/2011.

For more information, see www.energystar.gov. For more personalized help, contact us at tsrtax@gmail.com

Tags: #energy, #tax, #taxcredit

This entry was posted on October 13, 2011 at 4:49 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Posted in Home Page Tax Information & Tips by Debbie Snelling No Comments Yet