Tax Increase Prevention Act Approved

Last week the House approved H.R. 5771, the Tax Increase Prevention Act which will extend numerous tax bills that expired during 2014. Many of these affected the housing industry.

Energy-Efficient Tax Credits Reinstated

Earlier this year several EnergyStar tax credits were reinstated. If you made (make) any EnergyStar home improvements from January 1, 2012 through the end of this year tax credits up to $500 per project are available for qualifying products.

2011 Federal Energy Tax Credits

If you did not take advantage of the energy tax credits available last year you can still receive tax credits for energy savings upgrades.  To find out what qualifies and the credit amount click here...