FOR IMMEDIATE RELEASE
(September 21, 2019) – The solar energy tax credit is one of the most valuable tax credits available for businesses and homes. Homeowners and even owners of commercial properties planning to install solar energy systems in their property wish to gather details about the tax credits they can get when they move with their ideas. Here, American Tax Service provides comprehensive information for them.
This tax credit as stated by American Tax Service applies to solar-powered panel systems and hot water. It is worth up to 30% of the entire cost of the purchase of such a system and its installation.
When explaining about tax credit for solar energy, American Tax Service says “At the end of the year 2015, Congress extended this credit for four years. That means it is currently eligible until the end of the year 2019 in its present form. It will gradually phase out until 2022, when homeowners can no longer claim it and it’s only worth 10% to businesses”.
The website also provides comprehensive details about the rewards for energy efficiency upgrades and tax credits for energy efficiency along with details on how to claim energy tax credits.
About American Tax Service:
The main aim of American Tax Service is to help Americans file their taxes with ease. With this intention, this blog provides many useful guidelines for tax payers in the United States.
For more information, please visit https://americantaxservice.org/tax-credits-on-solar-energy/
American Tax Service
945 East 8th Street Suite A
Traverse City, Michigan 49686