With the passing of the American Taxpayer Relief Act of 2012, the tax credit for biomass stoves (i.e wood furnaces and wood boilers) has been retroactively renewed through the end of 2013. So, any qualified equipment purchased from January 1, 2012 through December 31, 2013 is eligible for this credit. The tax credit is now […]
Emergency Bill for Heating Fuel Loans
According to the New England Fuel Institute, an emergency home heating loan bill (H.R. 6920) has been introduced to the US Congress that would guarantee loans for up to $5,000 for consumers who did not exceed 150% of median household income for 2008 or 2009. I recognize that these programs have their place and there […]