Photo: Stokkete (Shutterstock) President Biden signed the Inflation Reduction Act (IRA) into law last August, but it wasn’t until Jan. 1 that Americans became eligible for its money-saving tax credits on environmentally-friendlier home improvements, appliances, and electric vehicles. Now that the new year is upon us, let’s look at what […]
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If you’re planning a few home improvements that will boost the energy efficiency of your house, you may save some money on your projects under the Inflation Reduction Act, which was signed into law in August. One of the bill’s main goals is to address climate change and slow down […]
The new Inflation Reduction Act aims to arrest climate change by providing incentives for everything from solar panels to heat pumps to new windows to electric stoves. getty On August 16, President Joe Biden signed into law the Inflation Reduction Act, which provides some $370 billion in energy and climate […]
US President Joe Biden signed the big climate bill – the Inflation Reduction Act (IRA) – earlier this week. Electrek spoke with Dan Gayer, JD, CPA, a senior manager in the tax practice at Baker Newman Noyes, about how homeowners can claim tax credits and rebates as they work to […]
Many people know the basics of the capital gains tax. Gains on the sale of personal or investment property held for more than one year are taxed at favorable capital gains rates of 0%, 15% or 20%, plus a 3.8% investment tax for people with higher incomes. Compare this with […]