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Form 5695 For Energy Tax Credits

form-5695

Going green is not just beneficial for the environment it’s also a great way to boost your finances. Making energy-efficient upgrades to your home can not only reduce your energy bills but also offer some sizeable tax savings.

The Federal government wants to encourage citizens to go green, which is why they provide a range … Read the rest

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Energy Tax Credits for Home Improvements

Get ready for the 2019, 2020 tax season by knowing what home improvements you can make to qualify for energy tax credits. Home improvements are more affordable and beneficial for you if you go with ones that fall under the Non-business energy property credit and the residential energy efficient property credit. So, let’s jump … Read the rest

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Popular Individual Tax Credits

Getting a tax credit is almost as good as not having any taxes to pay at all. Tax credits allow you to deduct sums of money from your taxes. This is better than getting a deduction because it not only reduces your taxable income it gives you a credit. For example, those in the 28% Read the rest