PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Elliance

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Energy Star Tax Credits Available to those who Upgrade Windows - As part of a 2005-approved energy bill, the federal government has announced that homeowners are eligible for a one-time tax credit of up to $500 off their federal tax obligation for retrofitting their homes with energy saving products
Energy Star Tax Credits Available to those who Upgrade Windows

 

NewswireToday - /newswire/ - Pittsburgh, PA, United States, 2006/10/30 - As part of a 2005-approved energy bill, the federal government has announced that homeowners are eligible for a one-time tax credit of up to $500 off their federal tax obligation for retrofitting their homes with energy saving products.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

A homeowner can claim up to $200 of the $500 credit for upgrading windows specifically.*

The federal government has announced that Energy Star-labeled windows will qualify for the credit. For existing residences, the IRS has provided a "special rule" (on page 7 of the IRS Guidance Notices 2006-26) for claiming the $200 residential efficient window tax credit with Energy Star Windows. The new special rule reads as follows:

.03 Special Rule for ENERGY STAR Windows and Skylights. Taxpayer may treat an exterior window or skylight that bears an ENERGY STAR label and is installed in the region identified on the label as an Eligible Building Envelope Component and may rely on such ENERGY STAR label, rather than on a manufacturer's certification statement, in claiming the credit.

The rule is expected to make compliance with the IRS tax credit requirements easier while reducing transaction and recordkeeping burdens to consumers. Rather than obtain a special window manufacturers' certification statement, all parties can now rely on using the established regional ENERGY STAR window rating label. The ENERGY STAR web site has further information on the regional window labels and performance criteria.

Both the ENERGY STAR sticker and the NFRC stickers must be removed from the windows by the homeowners and saved. Homeowners are advised to keep the ENERGY STAR and NFRC LABELS and purchase receipt as proof for the IRS, in the event they are audited.

As of October 27, 2006, Thermal Industries will print the Energy Star and NFRC certifications onto a single, easily removable label. Thermal Industries new labels will be 4" wide x 9" tall and will facilitate the homeowners' task of saving these labels and keeping their documentation in case of IRS audits. No other window manufacturer is currently doing this process. Reprints of Energy Star and NFRC labels for jobs already installed are available.

Refer to your tax preparer for additional tax credit details.

*Tax credits can only be claimed for qualified ENERGY STAR products installed during tax years 2006 and 2007.

Thermal Industries, Inc. (thermalindustries.com), a Division of Atrium, is a Pittsburgh, PA-based manufacturer of custom-made vinyl windows, doors, patio enclosures, vinyl and composite deck planks, and vinyl rail systems. The company, in its 46th year, maintains distribution through 18 branch locations east of the Mississippi.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Elliance

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


Energy Star Tax Credits Available to those who Upgrade Windows

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Audrey Swartz - ThermalIndustries.com 
1-800-245-1540 x1941 aswartz[.]thermalindustries.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Elliance securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Elliance / Company Profile


Read Construction/Architecture/Infra Most Recent Related Newswires:

VINCI Energies Acquires Acuntia - A Leading Spanish Information and Communication Technology Company
HOCHTIEF and BAM Deutschland to Refurbish and Operate Future Berlin Base of Federal Ministry of Health
CIMIC's Thiess Awarded $650 Million Solomon Extension
VINCI Launches Leonard - The New Group-wide Platform Dedicated to Innovation, Foresight and Inventing the Group's Future Businesses
VINCI Construction Wins A New Contract for Line 15 South of the Future Grand Paris Express Transport Network
CIMICíS CPB Contractors Wins $400m Airport Runway Works in JV
Eurovia Reinforces its Position as A Leading Highway and Motorway Maintenance Company
Steel Rebar Market Projected to be Resilient During 2017-2025 Reports Persistence Market Research
CIMIC's CPB Contractors Awarded Sydney Metro Works
CIMIC's Thiess Awarded $195 Million Yallourn Mining Extension
Turner-PCL Begins Expansion of San Diego International Airport
CIMICís CPB Contractors Wins Nz$ 82m Baypark to Bayfair Upgrade
CIMIC's Sedgman Wins $107M Base Metals Project
CIMICíS Leighton Asia Awarded A $436M Building Contract
McCarthy Completes Construction of New 52 MWAC Solar Facility

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  MagLar, Inc.





 
  ©2017 Newswire Today ó Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)