Which Residential Upgrades Qualify for a Tax Credit
The Federal Government presented two lines of credits for those who had upgraded their homes to improve energy efficiency or use renewable energy: the Residential Energy Efficiency Property Credit and the Nonbusiness Energy Property Credit. They can be claimed by completing the Form 5695 with all tax returns. Residential Renewable Energy Residential Renewable Energy Tax […]
Which States Offer the Best Solar Incentives?
While there are some federal programs in place that provide incentives and tax credits for solar energy upgrades, each state has its own regulations that differ from the federal ones. The extension of the federal ITC, the investment tax credit, allows homeowners a 30% deduction for solar installation through the end of 2019, reducing to […]
Incentives for Making Your Home Energy Efficient
If you are a homeowner, you’re likely always looking for ways to save money while adding to the value of your home, cash for houses is an effective way to get money for your home. Additions and remodels are beneficial can and increase your equity or improve market value, but energy upgrades will help with […]
How Your Lighting Impacts the Tax Aspects of Your Business
For decades, the incandescent light was the main star in many homes and business establishments. But times have changed. Technology has come a long way especially in the last 15 years or so. From using typewriters and telegrams, we’ve graduated to building the miniature replica of almost anything (through a 3D Printing Service). Although incandescent light […]
