Wednesday, October 31, 2007

Wednesday's tax tip - Volume 11

If you are looking to make any type of energy saving improvements such as installing new windows, doors, furnace, etc. You may want to accelerate your purchase of these items during 2007.

The residential energy credit expires at the end of 2007. To date, there is no indication that the credit will be extended.

To see what all qualifies for the credit, click here for IRS guidance.

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