Hi John,
It’s that time of year again. Spring? Not quite yet – it’s tax season. And we have two brand-new videos to help you make the most of your 2024 tax return.
As you may know, the Inflation Reduction Act (IRA) is the biggest investment in climate action in world history. It includes valuable consumer tax credits for energy-saving home upgrades like solar panels, heat pumps, windows, and more.
In our new two-part video series, “Ask a Tax Professional – The Inflation Reduction Act,” a CPA walks you through some of the most popular home energy projects covered under the IRA’s tax incentives plus key considerations for claiming them on your 2024 tax return.
Watch the new videos here:
Ask a tax professional – The Inflation Reduction Act: Solar energy credits
Ask a tax professional – The Inflation Reduction Act: Energy efficient home improvement credits
These tax credits are making clean energy upgrades more affordable for millions of Americans, helping them lower energy bills, improve home efficiency, and take part in fighting climate change. But the Trump administration is already working to dismantle the IRA, siding with special interests over American families who want to lower their energy costs.
While 2024 tax filers can still claim eligible credits, there’s no guarantee they’ll be available in future tax years. If Trump has his way these savings will disappear making it harder – and more expensive – for everyday Americans to invest in clean energy solutions.
If you have a moment, I encourage you to watch the videos and share them with others who may benefit.