It also enacted a new tax credit under IRC section 45L—the energy-efficient home credit—available to eligible contractors. Depending on the energy savings achieved, the credit is $1,000 or $2,000 per home. CPAs should become familiar with the credit to claim it for eligible clients.Lesli...
With the 25C Energy Efficient Home Improvement Credit, homeowners can get tax credits for adding insulation to improve their home’s energy efficiency. But to do so, they’re going to need a contractor to install the new insulation. Which is exactly how the tax credits benefit you, the contr...