In America, as a means of protecting the environment, the three tiers of government provide a series of incentives to encourage renewable energy. Although they differ in scope from state...
Posted by Income Taxes and Bookkeeping LLC on 02/15/2022
What is Rental Income?Uncle Sam defines rental income as any payment you receive for using or occupying the property. Examples are rent payments, security deposits, advance rent, fees...
Posted by Tiffany Gaskin on 06/04/2021
In general, home improvements are not tax-deductible, but there are three main exceptions: capital improvements, energy efficiency improvements, and health-related improvements.If...
Posted by Abundant Wealth Planning LLC on 04/27/2021
If you recently installed energy efficiency upgrades in your home, such as solar panels, you can get a credit for your investment. Two energy tax credits are currently available for...
Posted by CORE PERFORMANCE on 12/24/2020
Planning and investing for the future can be an intimidating task. In creating and managing your portfolio, there are a lot of things to consider. And finding a financial professional...
Posted by John Pournaras Agency on 06/25/2019
If you’re a homeowner, you may qualify for a federal tax credit provided that you made improvements or installed appliances designed to maximize the energy efficiency of a home....
Posted by John Pournaras Agency on 06/25/2019
Introducing an alternative source of energy in your home, for example, solar water heating and solar electric panels can qualify you for credit equivalent to 30% of your total expense....
Posted by Valderas Financial Solutions LLC on 06/19/2019
Every year, millions of homeowners pay more taxes on their rent than they have to pay. Why? It is because they do not take advantage of all the tax deductions available for homeowners...
Posted by rinehimerbaker on 04/09/2019
After purchasing a condo & living in this for many years, Sue suddenly meets Steve, got married. They move into a house. As the rental market in that area is quite improving. So,...
Posted by Tax Solutions & Accounting Services on 10/26/2018
