June 23, 2006
The IRS has acknowledged the certification by Ford Motor Company that several of its 2007 vehicles qualify for the alternative motor vehicle credit created by the Energy Policy Act of 2005. The tax credit for hybrid vehicles applies to vehicles purchased on or after January 1, 2006. The hybrid vehicle certifications and their credit amounts [...]
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June 17, 2006
* * Purchase Siding Before June 26, 2006, to Qualify for the Energy Credit * * Taxpayers who purchase siding on or before June 26, 2006, may rely on a manufacturer’s certification that the siding is an eligible building envelope component for purposes of the nonbusiness energy property tax credit under code section 25C. A [...]
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June 12, 2006
For more information visit:http://www.irs.gov/newsroom/article/0,,id=157863,00.html
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Leonard D. Rea, EA, CFP® (Enrolled Agent, Certified Financial Planner™)
and his team, serving individuals and businesses in the Massachusetts area since 1986.