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Government Tax Credits for HVAC improvements!

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In 2009 President Obama and Congress signed into law the American Recovery and Reinvestment Act of 2009. Under the act, Americans will receive a tax credit worth 30% of the cost of purchase/installation of home improvements which enhance the energy efficiency of their residence. The credit includes most HVAC improvements offered by TASK. The maximum tax credit is $1500 over the period from 1/1/2009 through 12/31/2010. The tax credit is particularly useful, because unlike a deduction which simply reduces your taxable income for tax purposes, this tax credit actually results in a dollar for dollar reduction in your taxable liability--almost like a government rebate. Should your purchases at TASK not exceed $5000 (the amount required to take full advantage of the government tax credit), you can combine our work along with other energy efficiency improvements such as appliances, automobiles, insulation or even windows in order to gain the maximum benefit under the law. For full details on the tax credit and to download the required forms, please visit EnergyStar.