Tax season is already upon us, and who knows what’s in our favor from Uncle Sam. Good news! Besides reaping those health, money, and environmental benefits of going green, now eco-conscious folk may be eligible for an extra tax credit too. Things like energy-efficient window or door purchases, a new furnace or air conditioner, or insulation additions may all lead to a hefty tax refund–up to $500.
To find out if your 2007 green purchases are eligible, check out energystar.gov and energytaxincentives.org. But, hurry! You have until April 15 to file these claims.
More about saving on your taxes
• Find out how you can get tax credits for eco-friendly improvements to your home.
• A new stimulus package is offering incentives and tax credits for alternative energy. Find out how you can get involved.
• Did you know that buying new windows and doors could earn you tax deductions? Check it out!