30 Apr '11, 11am

Tax credits: Getting some green back

Tax credits: Getting some green back April 30, 2011 There are a number of great opportunities to save money on your taxes while helping to reduce your energy consumption. CAP has the story . The federal government offers a variety of energy efficiency tax credits to consumers who purchase housing upgrades or vehicles that reduce energy usage and carbon output. These tax credits result in much greater savings on your tax bill than tax deductions. That’s because you only save a percentage of a deduction while the entire value of the tax credit is subtracted from your tax liability. Even if you took advantage of energy efficiency tax credits in 2010 it is important to keep up-to-date with which credits are currently available. The number and size of energy efficiency tax credits has changed significantly since last year. And though a number of tax credits made available throu...

Full article: http://climateprogress.org/2011/04/30/tax-credits-getting...

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