Business Tax Recovery Logo


Tax Credit Consulting: Home Improvements Leawood KS

The Energy Policy Act allows credits for a variety of environmentally sound items. Fuel efficient vehicles and home appliances are also covered by the law. The reduced fuel costs and lower energy bills already benefit the consumer, but the idea is that they also benefit the entire society by reducing emissions and air pollutions. There are also concerns over energy shortages in the future.

Jason Black
9308 Mohawk Lane
Leawood, KS
Company
Title: President
Company: Evimero Wealth Management
Type
Registered Investor: Yes
Education
Kansas State University/Bachelors of Science Business
Years Experience
Years Experience: 17
Service
Wealth Management,Annuities,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Hourly Financial Planning Engagements,CD Alternative,Life Insurance,Investment & Portfolio Management,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Individual Income Tax Planning,Disability Insurance,Retirement Planning,Investment Consulting & Allocation Design,Insura

Data Provided by:
Donald D. Allenbrand (RFC®), CPA
(816) 931-7633
1201 NW Briarcliff Parkway, Sutie 335
Kansas City, MO
Company
Wealth Enhancement Group, Inc.
Qualifications
Education: CPA, CWS
Years of Experience: 32
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Family Offices, Stocks and Bonds, Mutual Funds, Mortgage Loans, Precious Metals, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuyS

Data Provided by:
Marks Nelson Vohland Campbell Radetic LLC
(913) 498-9000
7701 College Blvd., Ste. 150
Overland Park, KS
 
Best Tax Service The
(816) 363-0555
8419 Wornall Rd
Kansas City, MO
 
Nederman Tax Svc
(913) 515-5515
8600 W 95th St Ste 102
Shawnee Mission, KS

Data Provided by:
Mr. Scott M. Schulze (RFC®)
(816) 285-4600
19201 E Valley View Pkwy Ste D
Independence, MO
Company
Mike Martin Financial Group
Qualifications
Education: Series 6,7,63,65, Life and Health Insurance License.
Years of Experience: 7
Membership
IARFC, MDRT
Services
Invoice, Portfolio Management, Retirement Planning, Tax Planning, Seminars Work, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Long Term Care Insurance, Asset Protection

Data Provided by:
Kerry Niece CFP
4200 Little Blue Parkway
Independence, MO
Company
Title: President
Company: National Financial Services, Inc
Type
Investment Advisor Rep: Yes
Education
Fort Hays State University
Years Experience
Years Experience: 34
Service
Individual Income Tax Planning,Retirement Planning,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee-Only Comprehensive Financial Planning,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Hourly Financial Planning Engagements,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Plann

Data Provided by:
JK Harris&Company Tax Representation Firm-Call Now
(800) 621-0536
7500 W. College Blvd, 5th floor
Overland Park, KS

Data Provided by:
Julie's Tax Svc
(913) 268-9430
8609 Woodward St
Overland Park, KS

Data Provided by:
Guy E Martin, CPA PC
(913) 341-2206
6600 W 95TH St Ste 101
Overland Park, KS

Data Provided by:
Data Provided by:

Tax Credit Consulting: Home Improvements

Home Improvements Tax Credits

A new law passed in 2005 allows tax credits for home improvements that result in a savings in energy usage.

Home Improvements Tax Credits

The Energy Policy Act of 2005 (EPACT) allows tax credits for various items that are environmentally sound and reduce the energy usage in the home. Although certain deductions have existed for home improvements, a tax credit is usually more valuable than a tax deduction. The credit is taken directly from the amount of tax owed while the deduction only reduces the taxable income and so will only be a savings of a certain percentage. The percentage will be determined by the individual tax rate.

The Energy Policy Act allows credits for a variety of environmentally sound items. Fuel efficient vehicles and home appliances are also covered by the law. The reduced fuel costs and lower energy bills already benefit the consumer, but the idea is that they also benefit the entire society by reducing emissions and air pollutions. There are also concerns over energy shortages in the future.

Beginning with the 2006 tax year, taxpayers who install energy efficient improvements to their home such as insulation, windows, or heating and cooling equipment can receive a tax credit up to $500. The program remains in effect through the 2007 tax year as well. Purchases can be itemized directly on the tax form. This law also introduces several tax credits and deductions available to Business owners. These credits and deductions cover fuel efficient vehicles and certain improvements to buildings.

The law also allows a credit of 30% of the expenditures, up to a maximum of $2000, for photovoltaic or solar heating equipment. This heating equipment must provide heating for something other than swimming pools and hot tubs. It is also necessary for either of these Home Improvement Tax Credits under the Energy Policy Act that the improvements are made to the taxpayer's principle place of residence.

Although Tax ...

Click here to read the rest of this article from BusinessTaxRecovery.com