Home Improvement Tax Credits for 2012-1013 Help Homeowners Save Money
Tax Credits on Energy Efficient Home Improvements from IRS
With the economy still slow, many homeowners are taking advantage of little known tax credits, that can save homeowners a lot of money when making home improvements. As part of the deal that lawmakers in Washington D.C. passed in order to avert the "fiscal cliff", at the beginning of 2013, the American Taxpayer Relief Act was also carried over into 2013 as well. With the extension of these tax credits, homeowners can get a tax credit for up to $500 of the cost of improving your home. The extension has been made retroactively, meaning home improvements made in 2012, will also be eligible for the tax credit as well.
Only home improvements that improve the overall energy efficient home are eligible. However, with homeowners in the Carolina's and all over looking to save money where ever they can, saving money on your energy bill is only an added bonus to making a home improvement. Duke Power raised rates on both North Carolina and South Carolina consumers, making energy efficient home improvements a booming industry in the Charlotte, NC area. Here is a list of some of the energy efficient, and tax credit eligible home improvement products:
- Insulation
- Replacement Windows (with Energy Star seal)
- Replacement Doors (with Energy Star seal)
- Some Roofing Products - Metal Roofing, Coatings, and more
- Central Air Conditioners
- Heat Pumps
- Furnaces
- And more. See the Energy Star Website for more information http://www.energystar.gov/index.cfm?c=tax_credits.tx_index
The credit is designed to cover up to 10% of the material cost, excluding labor to install. As you can see from the list, these are some major home improvements, making it easy to get the full $500 tax credit for homeowners this year. You should always conduct a tax professional when filing your taxes, our article is for informational purposes only. For more information on IRS tax credits, please visit the IRS Website at: http://www.irs.gov/uac/Tax-Credits-Available-for-Certain-Energy-Efficient-Home-Improvements
Energy efficient home improvements are some of the best investments for homeowners, looking to live in their home for another 5-10 years. With the increase in energy savings over the years, the initial cost of the home improvement, is generally paid back to the customer, in the form of savings on energy bills. On top of all this, making an energy efficient home improvement is also good for the environment.
If your a Charlotte NC homeowner or business looking to make an energy efficient improvement to your home or building, then give MB Construction Company of Salisbury NC a call at 704-267-7763. We can help lower your power bill, and improve your home at the same time.
To contact us, visit our contact page at: http://www.mbconstructioncompany.com/Contact_Us.html
MB Construction Company
224 Prescott Drive
Salisbury, NC
28144
Phone: 704-267-7763
Website:
Home Improvement Services | Kitchen and Bath Remodelling | Flooring
Installers | Tile Installers | Handyman Services | Rental Home Maintenance |
Painting Services | Home Repairs | Charlotte NC | Concord NC | Salisbury NC |
Kannapolis NC | Mooresville NC | Rowan County NC | Mecklenburg Coutny NC |
Cabarrus County NC | Iredell County NC | Home Improvement Blogger |
There is also great tax credits for metal roofing. There is also some requirements for the metal roofing products, such as color and thickness, however metal roofs can save big money on utility cost.
ReplyDeleteI am hoping the same finest operate from you inside the potential also.
ReplyDeleteplumbers in East London
plumbing and heating in Hackney
A home renovation project can offers a number of advantages. But a homeowner has to invest some amount of time and effort to make and implement a home renovation plan based on his specific needs and budget.
ReplyDeletetakrenovering
Insulation is really a great thing for homes, it can keep home warm in winters and cool in summer so home owner don't have to use extra heating and cooling machines so they can saver energy and cost on energy bills. You have shared very informative post with us. Thanks for sharing this useful post.
ReplyDeletecoolmachines
A good looking and great working roofing can be among your win-win investments in your New York home. This is a good common sense Blog. Very helpful to one who is just finding the resources about this part. It will certainly help educate me. Thanks for sharing it to all my friend.....
ReplyDeleteroofing york
Home improvement process can be very costly and time consuming too. you need a proper planning for your home improvement, proper planning can save your good amount of time & money. I can read it to your post and thanks for sharing it to my friend....
ReplyDeleteBuilders York