Planning some home improvements this year?  Get your share of the bailout money by investing in some energy efficient upgrades that can bring you some much needed tax credits (not tax deduction).

President Obama pledged to concentrate on energy conservation in his administration--and he's put the money behind the message in the form of tax credits.  These credits only last two years (2009 and 2010)--so plan now to take advantage of them. 

A tax credit lowers your tax bill, as compared to a tax deduction, which takes the amount off of  your taxable income.    You could earn up to $1500 in tax credits for adding energy efficient windows, doors, HVAC equipment, pellet stoves, roofs and insulation.  And of course...these improvements help the overall value of your home when it's time to sell.

Individual states may offer additional tax credits as well for the same improvements.

Check out these websites for additional information to be sure your planned improvements qualify:

energystar.gov                                energytaxincentives.org

andersonwindows.com                    boschhotwater.com

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