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Renovate, reduce, and receive; renovate your home, reduce your carbon footprint, and receive tax breaks, it is all possible thanks to the 2022 Inflation Reduction Act (IRA) and other related local laws. You may be able to save thousands of dollars annually and according to the IRS, it is estimated that up to nine million people missed out on these benefits in 2021. Let's break down how you can be saving in taxes, in bills, while reducing your carbon footprint. 

Tax Incentive Terms to Know:

One of the reasons people do not take advantage of tax incentives is lack of understanding of the terminology. Here are some terms you need to know.

  • Tax Credit: These are direct reductions in your tax bill.

  • Tax Incentive: These, like other…

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