Solar energy for your home and your Tax benefits.

Solar energy for your Home and Tax benefits.

How solar energy works for you

You may be able to get credits from the IRS and NYS when

I was ready to get

solar energy for your home.

IRS

The amount of credit that taxpayers can take is a percentage of total improvement expenses in the year of installation:

2022 to 2032: 30%, no annual maximum or lifetime limit.

2033: 26%, no annual maximum or lifetime limit.

2034: 22%, no annual maximum or lifetime limit.

NYS - 25% Tax Credit

Benefits:

Energy sources

Reduce electric bills

Low maintenance costs and more.

Disadvantages:

High initial costs

Weather dependent

expensive storage

Uses a lot of space and more

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#TaxPro #AccountantPro

#Payroll #Bookkeeping

#QBO #Xero #Taxdeductions #AdvisoryServices

Inform yourself is power

CO Tax & Accounting Solutions

450 Sunrise Hwy

Rockville Center NY 11570

516-301-0328

co@claritaortega.com

claritaortega.com