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Going Green? Top 4 Tax Breaks
Many people are choosing a greener lifestyle because it’s good for the planet, but did you know it can be good for your taxes too? Here’s a look at four things you can do to help ease your tax burden while at the same time becoming less taxing on the environment. Read more…
What Are Energy Tax Credits?
In an attempt to promote a healthier environment, the U.S. Congress authorizes an array of energy tax credits as incentive for people using alternative energy resources. If you are eligible, these tax credits reduce the amount of income tax you owe on a dollar-for-dollar basis. To give that some context, a tax deduction only reduces the amount of income that is subject to tax, so energy tax credits could save you a lot of money. Read more…
Video: What Are Energy Tax Credits?
If you purchased an electric car or made eco-friendly improvements to your home this year, you may be eligible to reduce the amount of tax you owe by claiming one of the energy tax credits. Read more…
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