Turn to the Experts for Money-Saving Comfort
There
are a lot of reasons why homeowners nationwide turn to the
experts
at Carrier for their indoor comfort needs. Comfort.
Innovation. Reliability. Carrier Dealer/Experts. We have developed
a worldwide reputation for delivering superior indoor comfort
technology that truly stands out from the competition, including
our remarkable Infinity® System. In addition, we offer a
wide variety of products that not only meet the requirements
for the Federal Tax Credit for Residential Energy Property Expenditures,
they can provide years of substantial savings on monthly energy
bills.
How the Program Works
As part of an effort to reduce dependence on foreign sources
of energy, the American Recovery and Reinvestment Act of 2009
provides a tax credit to help offset the costs of making energy
efficiency improvements to your home. Some key details of the
program are as follows:
- The
tax credits apply to a variety of products (including installation
costs) such as windows, doors, heating and cooling
equipment and more.
- The
amount of the credit is equal to 30% of the installed cost
of the qualifying products, up
to a total of $1,500.
- If
a qualifying purchase is not large enough to qualify for
the maximum credit of $1,500, the remaining
available tax credit
can be claimed for additional qualifying purchases.
The Economic Advantage of Tax Credits
The reason many homeowners are so excited about this program
is because tax credits, unlike deductions, are subtracted directly
from the total amount you owe on your personal income taxes.
For example, if you complete your tax return and calculate
that you owe the IRS $2,000, a tax credit of $1,500 will reduce
your tax bill to only $500. Of course, be sure to check with
your tax adviser on how to best take advantage of the tax credits.
Tax Credits Available in 2009 and 2010
To take advantage of the American Recovery and Reinvestment Act
of 2009 tax credits, you must purchase your qualifying high-efficiency
comfort system between January 1, 2009 and December 31, 2010.
Better yet, your savings won't be limited to a one-time tax
credit. You'll continue saving every month with reduced monthly
cooling and heating bills. For more information, contact
us today. |