The Federal Tax Credits Blog

Posts Tagged ‘green’

Question: $8000 home buyer tax credit?

I am looking to buy the first house in Mar 2010. I have just come USA for 3 month and had green card.
Do I get back $ 8000 from government?

Answer: It is up to $8000.00.Depends on the price of the house.Yes you you should be able to get the first time home buyer credit as long as you do it before april of this year.

Tea Party network emerges as counterbalance to state-level green pressure groups

Across the country, private citizens and business owners are joining forces with Tea Party activists to push back against well-funded green pressure groups that work with government officials. Over the past few decades, the environmental movement has worked to undermine property rights, block entrepreneurial activity and expand regulatory control without a serious, concerted response, according …

Ways and Means Hearing on Green Jobs Economy – Pickens Opening

Troubleshooter: Want to help storm victims?

Lots of folks want to help their community after tornadoes destroyed parts of Raleigh. So here’s where to donate.

Rush Is On For Federal Energy Tax Incentives

New Laws Effective January 1, 2010

The following legislation will take effect beginning Jan. 1, 2010.

President Obama Signs the Economic Stimulus into Law (ARRA) Part 2 of 3

Question: From an environmental standpoint, is it better to convert to Natural Gas from #2 Oil or Install Solar Panels?

I can only afford to do one at this point in time at my house. Financially, it is a wash (The outlay for Solar Photovoltaic is much higher but is offset by savings on my electric bill and substantial New York State subsidies & tax credits. I assume switching from oil to gas for heating is a financial wash after the up-front conversion costs). Here are the relevant facts for my house: we burn, despite all our conservation efforts, about 1600 gallons of #2 heating oil a heating season. I can fit a 4.590kW Solar Array on my roof that is expected to net 5116(kWh) a year. I already bought a Prius so don’t suggest that as a better environmental solution. Any help with this decision would be appreciated.

Answer: Solar

Energy expert advocates solar power

Solar energy expert John Thornton used his own 1963 Littleton home as an example of what solar energy can do for the homeowner’s budget and discussed “What’s New in Solar Energy?” and how to get started with a Bemis Library audience on March 14.

Twin Oaks Community Huge Solar PV Array

Question: Which house should I buy?

My husband and I found the exact house we want, we love it! I don’t think we can get it though. We made an offer and found out the house is actually in the foreclosure process. Since it’s not the bank’s property yet we were still able to write our offer to the builder but now we found out that the title is showing tax leins– ones that were paid but never cleared on the title. We have been trying to sort the situation out for a month but are running out of time to get the tax credit. That’s right first time home buyers. There is another house we like as well. It is priced well and comes with a lot of perks (closing cost, discount on new appliances, 2 year warranty) it’s ready to go all we have to do is make our offer. Which house should we go with? Obviously we want the first house we have already become so attached to it and we don’t like the second one as well but we do like 2nd one. What should we do?

Answer: You stick with the first house and lose the 8k and gamble there is one for next year.
Or you settle for house number 2.
Me I would wait for the house of my dreams and not settle

John Lewis offers unlimited returns

Times are getting tougher for British consumers. Since the beginning of this year, we’ve seen the rate of VAT (Value Added Tax) rise from 17.5% to 20%, a big fall in disposable incomes, unemployment …

Home Appliance Heating tax credit commercial.mov