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Tax Credit Consulting: Tankless Heater Tax Credit Brigham City UT

The tankless heater is pretty much what the name suggests. It is a water heater without a tank. It uses a lot of energy in short bursts to heat water running through pipes when you really need it.

Mr. A. Wayne Margetts (RFC®), LUTCF
(801) 532-1871
175 S Main St, Ste 1050
Salt Lake City, UT
Company
LPL
Qualifications
Education: BSc (Math)MBA
Years of Experience: 16
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Group Insurance, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

Data Provided by:
H&R Block
(435) 884-3076
124 W MAIN ST
GRANTSVILLE, UT

Data Provided by:
H&R Block
(801) 334-4002
5845 E AVE BLDG 412
HILL AFB, UT

Data Provided by:
Singleton's Tax Svc
(801) 373-6920
244 W 300 S Ste 1
Provo, UT

Data Provided by:
Liberty Tax Service
(866) 871-1040
438 E 12300 S
Draper, UT

Data Provided by:
Mr. Gregory W. Williams (RFC®), CFP, CHFC, CLU, LUTCF, MSFS
(801) 453-2271
6340 South 3000 East, Suite 500
Salt Lake City, UT
Company
Exit Strategy Specialists, LLC
Qualifications
Years of Experience: 26
Membership
IARFC, MDRT, FPA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Business Coach, Charitable Planning, Education Plan, Asset Protection, BuySell, Compensation Plans

Data Provided by:
H&R Block Premium
(801) 355-4649
888 S 200 E STE B
SALT LAKE CITY, UT

Data Provided by:
H&R Block
(801) 495-4172
9151 S QUARRY BLVD
SANDY, UT

Data Provided by:
MainStreet Tax & Accounting Services
(435) 789-0691
1285 W. Hwy 40
Vernal, UT
 
Abd Svc
(801) 953-0633
2866 S 7070 W
West Valley, UT

Data Provided by:
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Tax Credit Consulting: Tankless Heater Tax Credit

Tankless Heater Tax Credit

Going green has never been so financially positive. The tankless heater tax credit is another example of how reducing your carbon footprint and utility bill can really pay.

What is a tankless heater? Well, go for a stroll around your house. You'll eventually find a device that looks like a small, but fat, missile of some sort. It is usually in the garage, but can be in a closet space if your architect was an idiot. Regardless, that is your water heater. It holds a lot of water as you can see. It constantly is popping on and off as it tries to keep that water at a set hot temperature. This is extremely inefficient and runs your utility bill up to say the least.

The tankless heater is pretty much what the name suggests. It is a water heater without a tank. It uses a lot of energy in short bursts to heat water running through pipes when you really need it. This is still a net energy savings, however, as you don't have the energy waste of a heat continually trying to keep a tank warm. Imagine how cold it gets in your garage and you can get a better idea of how often that heater is coming on.

The new approach makes sense in many ways. Getting people motivated to change to it is a bit more difficult. To give us a prod or two, Congress passed The American Recovery and Reinvestment Act. This is better known as the Stimulus Bill. This bill terminated the $300 tax credit that had been with us for years. Don't fret, it replaced it with something better....

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