Pocket a tax break for making energy-efficient home improvements

Pocket a tax break for making energy-efficient home improvements

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energy improvement tax break

An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may have spurred you to think about making your home more energy efficient — and there’s a cool tax break that may apply. Thanks to the Inflation Reduction Act of 2022, you may be able to benefit from an enhanced residential energy tax credit to help defray the cost.

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The Inflation Reduction Act: what’s in it for you?

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inflation reduction act

You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce inflation in the near future, it contains, extends and modifies many climate and energy-related tax credits that may be of interest to individuals.

Continue Reading: The Inflation Reduction Act: what’s in it for you?