As I write this I am surprised at the sometimes lack of interest in the $ 1500 tax credit for energy efficiency improvements to your home.  Now I do realize that the credit is in some ways hard to understand but is anything the Federal Government easy to understand – i.e. read the tax code or a Medicare Benefit statement.  This is, however, something to take advantage of this year and in 2010.  Find a remodeling contractor who has an understanding of what is happening in this area, confirm that information with your accountant, and save 30% on a product for your home that qualifies.  It really is a great deal.  You get a 30% discount from your taxes, you get continuing energy savings on your elelctric, oil or other utlilty bill, and you enjoy a more comfortable home.  It ‘s a win all around.  Good luck and go for those savings.

The current stimulus package including the $ 8,000 first time buyer tax credit which is set to expire November 30, 2009 needs to be extended.  In the current state of the economy we are not seeing a tremendous influx of homebuyers who are taking advantage of the tax credit.  They are obviously saying “I need to make sure I have a job before I can take advantage of the tax credit”.  This is very true.  If you don’t have employment you don’t need a tax credit.  Extending the tax credit would at least help people as their confidence in employment increases they will feel more inclined to make a major purchase such as a new home.  Let’s work on congress to extend this tax credit.