“The American Recovery and Reinvestment Act of 2009″

Consumers should take note that significant changes have recently been enacted concerning favorable tax incentives.  Tax credits have been raised from 10% to 30%.  Maximum credits have been raised from $500 to $1,500.  These credits apply to specific improvements and criteria.  We recommend you contact your tax professional for an accurate interpretation.

Improvements for certain types of windows, skylights, metal roofs, asphalt roofs, and insulation may qualify.  Most notably, some of the new Solar Energy Systems, Photovoltaic Systems and Geothermal qualify for a 30% of Cost Tax Credit.  Many homeowners and businesses alike stand to gain substantial savings for the installation of these products, not to mention the positive effect on our environment and their utility expenses.  Recommended Site:  www.energystar.gov

Tags: Stimulus Bill

This entry was posted on Wednesday, March 4th, 2009 at 3:48 pm and is filed under Stimulus Bill. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.