NOW:53217:USA01012
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01012
81°
H 81° L 72°
Clear | 10MPH

Federal Stimulus Money Available to Local Homeowners

March 26, 2009

Federal Stimulus Money Available for Local Homeowners

The Milwaukee/NARI Home Improvement Council, Inc., the area’s leading home improvement and remodeling industry resource for more than 47 years, reminds homeowners that the American Recovery and Investment Act of 2009 provides incentives to undertake energy efficient repairs and remodeling. “The credit is up to 30 percent of the amount spent with a $1,500 cap,” said Tom Kammerait, CPA with von Briesen & Roper, s.c., a Milwaukee/NARI member.

This includes energy-efficient windows, doors, appliances, heating systems, or alternative energy products if they are installed within the next two years. The type of products eligible for these tax credits include, but are not limited to:

• Replacement Windows and Skylights

• Insulation (excluding Exterior Siding)

• Energy Star Appliances

• Solar Water Heating Systems

• Exterior Doors

• Metal and Asphalt Shingle Roofs

• Central Air Conditioning, Heat Pumps, Furnaces, and Boilers

• Water Heaters

• Wind Turbines

• Geothermal Heat Pumps

• Solar Photovoltaic Panels

To be eligible for the tax credit, the products must have the Manufacturer Certification Statement or Energy Star Labels and Kammerait advises homeowners to keep all documents and receipts.

First-time homebuyers also benefit with a tax credit of $8,000 through Nov. 30, 2009. “So long as a homeowners stays in his or her residence for at least 36 months, the credit does not need to be repaid,” Kammerait said. “This credit begins phasing out for individuals with an adjusted gross income of $75,000 or for married individuals filing jointly with an adjusted gross income of $150,000. “As always, you should check with your own tax advisors on how this information might apply to your situation,” Kammerait said.

For additional information, visit www.irs.gov/newsroom/article/0,,id=204335,00.html or www.energystar.gov.

The Milwaukee/NARI Home Improvement Council was chartered in July 1961, as a Chapter of the National Home Improvement Council. In May of 1982, the National Home Improvement Council merged with the National Remodelers Association to form NARI – the National Association of the Remodeling Industry. With over 900 members, the Milwaukee Chapter is the largest in the nation. The Council’s goals of encouraging ethical conduct, sound business practices, and professionalism in the remodeling industry have led to the growth of the remodeling industry nationwide and made NARI a recognized authority in that industry.

For more information on the Milwaukee/NARI Home Improvement Council or to receive a free copy of the annual membership roster listing all members alphabetically and by category, and the booklet “Milwaukee/NARI’s Remodeling Guide”, call (414) 771-4071 or visit the Council’s Web site at www.milwaukeenari.org.

 

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Shorewood trustee wages unsuccessful campaign for later trick-or-treat times Updated:  10:15 AM

» Grid coach Zortman heading home 10:13 AM

» Whitefish Bay memorializes woman killed in crosswalk 7/28

» Glendale evaluates city hall improvements 7/28

» 'Milwaukee lion' spotted in Glendale Updated:  7/28

» North Shore communities react to state ban on municipal home inspections at time of sale 7/27

» Brown Deer closes on sale of former American TV and Appliance building 7/27

» Woman robbed at gunpoint at Brown Deer bank 7/27

» Bizarre play leads to Homestead "9" sectional loss to Falls 7/22

» North Shore area baseball teams drop tough regional contests 7/22

» Whitefish Bay baseball team comes up just short of Falls in regional thriller 7/22

» Brown Deer municipal buildings need improvements 7/22

» The Suburban 16 Power Rankings: Watt, Niebrugge, and others on the next level 7/22

» Mequon seeks to develop 13 acres in town center district 7/22

» Niebrugge makes Homestead High proud again with finish at British Open 7/22

» Thiensville apartment developer agrees to consider smaller condominium development 7/22

» Whitefish Bay man allegedly charged officer with knives, screamed 'kill me' in officer-involved shooting 7/21

» Initial Reaction Podcast: A dumb-sports-fan's guide to the Bucks arena financing situation 7/21

» JCC Maccabi Games will bring 1,000 teen athletes to the North Shore 7/21

» Glendale man turns craft beer into specialty malt vinegars 7/20

» Mequon's Jordan Niebrugge finishes 6th, low amateur at British Open 7/20

» Homestead catches fire en route to baseball sectional 7/17

» Gile rescues Falls again in 4-3 regional win over Whitefish Bay 7/17

» Greenfield's Bella Matthias headlines the 2015 All-Suburban Softball Team 7/16

» Mequon's Jordan Niebrugge sets St. Andrews amateur record with 67 at British Open Updated:  7/16

View All Posts Got a tip? Welcome rss

Advertisement

Advertisement

Local Business Directory

CONNECT    

Advertisement