Federal Residential Energy Conservation Subsidy Exclusion (Personal)

For those planning on installing or modifying properties, this is a good bit of information. According to Section 136 of the IRS Code, energy conservation subsidies provided by public utilities,* either directly or indirectly, are nontaxable: "Gross income shall not include the value of any subsidy provided (directly or indirectly) by ... More

Federal Residential Energy Efficiency Tax Credit

Not just for Florida Residents! The US Government offers a federal tax credit for energy-efficient home improvements. If you are remodeling, think green – for your home and your wallet!   The federal tax credit for energy-efficient home improvements was established by the Energy Policy Act of 2005. After expiring December 31, ... More

Solar Energy Systems Equipment Sales Tax Exemption

For those interested in green building incentives in Florida, this is a great bit of information for you. Solar energy systems have been exempt from Florida's sales and use tax since July 1, 1997. The term "solar energy system" means the equipment and requisite hardware that provide and are used for ... More