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.

Don’t miss your tax breaks for upgraded appliances!

If you upgraded any of your appliances in 2011 you want to be sure to tax advantage of the tax credit when you file your 2011 taxes.