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News Details (Posted: April 27, 2009):
New $1500 Tax Credit for A/C Systems
Contact Information:
Charlene Ierna
813-948-6355
Full Description:
On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA) into law. The bill combines spending and tax incentives designed to get the American economy moving again by investing in our nation’s road and energy infrastructure, and increasing the energy efficiency and performance of America’s homes.
TAX CREDIT TIME FRAME The new tax credits are retroactive to January 1, 2009, and expire on December 31, 2010. The $1,500 limit is for all improvements made during the two year term, not $1500 each year.
