Blogs in categories Tax Credits

Making Your Kitchen More Energy Efficient

Posted by Admin | Friday, July 29th

If you’re looking for ways to improve the energy efficiency of your kitchen and save on energy bills, there are ways to make the changes without breaking the bank. The kitchen uses more energy than any other room in the house. Here are a few tips to reduce your energy usage and costs:

The light fixtures in your kitchen are a big contributor to your energy cost, especially during the night. Install ENERGY STAR qualified light fixtures or replace standard light bulbs with compact fluorescent light bulbs (CFLs). According to ENERGY STAR, their qualified lighting provides bright, warm light while using 75% less energy, generating 70% less heat and lasting up to 10 times longer than standard lighting. Remember to always turn off your lights when leaving the room.
If you’re planning to remodel your kitchen, think of ways to bring in natural lighting. Make windows wider, knock down walls, add skylights or put in French doors to connect to another room. This will allow the sun to...

IRS Home Improvement Tax Credits!

Posted by Admin | Monday, November 9th

It's not often the Internal Revenue Service tries to help you save money. So, if you're looking to make a few home improvements, you may want to get to work while the government is in a giving mood.

"There's actually a way for homeowners to invest in some energy efficient improvements and actually save some money twice," said the IRS's Michelle Eldridge.

It's part of the American Recovery and Reinvestment Act. Make your home more energy efficient and get back part of what you've spent at tax time.

"Replacing windows and doors or perhaps replacing your heating and air-conditioning system or maybe adding insulation. All of these products, even roofs in some cases, can qualify you for this energy credit," said Eldridge.

Here's how it works. You get to claim 30 percent of the cost of improvements up to a maximum tax credit of $1,500. Installation costs, though, do not apply.

But Eldridge says do your homework and make sure the product qualifies before you buy.

"What you're looking for is a tax... READ MORE >
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