Surprising Ways You Could Save On Taxes This Year
- Homeselfe Shares Tips on How the Home Energy Upgrades You Made Last Year Could Make a Big Difference in Your 2015 Tax Return -
LONG BEACH, Calif., Feb. 11, 2016 /PRNewswire/ -- With Tax Day right around the corner, Homeselfe is raising awareness about large tax credits available for those who made energy efficiency upgrades to their homes in the 2015 tax year. Homeselfe wants to ensure American families receive the maximum refund they are eligible for in their tax returns by keeping up-to-speed on the latest federal energy tax credits.
"If you upgraded your home in 2015 by adding insulation, one of the most cost-effective upgrades you can make, you already know you are saving on your utility bills every month plus you may be eligible for a tax credit on that investment," said Ameeta Jain, co-founder and spokesperson of Homeselfe. "Not taking advantage of that is throwing away your hard-earned cash. We want to empower families to receive the maximum refund allowed on their tax returns by providing them insight into the energy credits that are available."
Homeowners should also keep up-to-date on tax credits available for smaller upgrades in their homes, which can be eligible for tax credits up to $500 on their return. These small upgrades include:
- Biomass stoves
- Heating, ventilation and air conditioning
- Advanced main air-circulating fans (tax credit amount of $50)
- Insulation (10% of the cost, up to $500)
- Roofs (metal and asphalt)
- Water heaters (non-solar earns a tax credit amount of $300)
- Windows, doors and skylights (tax credit amount is 10 percent of the cost excluding labor)
Plan ahead for your tax returns in 2016 by taking a Homeselfe and identifying areas in your home that need improvement and qualify you for tax credits on next year's return. For more information on energy tax credits or how to save on your monthly utility bill, visit www.homeselfe.com.
To schedule a time for an interview with Co-Founder Ameeta Jain, please contact [email protected] or 951-719-1040. She will be available to discuss Homeselfe's commitment to improving financial and energy efficiency in households throughout the United States.
Photo - http://photos.prnewswire.com/prnh/20160210/332133-INFO Logo - http://photos.prnewswire.com/prnh/20151014/277118LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/surprising-ways-you-could-save-on-taxes-this-year-300218639.html
SOURCE Homeselfe
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- First Savings Financial Group, Inc. Reports Financial Results for The Second Fiscal Quarter Ended March 31, 2024
- ROSEN, A LEADING AND TOP RANKED LAW FIRM, Encourages Morgan Stanley Investors to Inquire About Securities Class Action Investigation – MS
- Deveron Announces Closing of Private Placement of Convertible Debentures
Create E-mail Alert Related Categories
Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!