Wednesday, November 18, 2009

Tax Credit

Great news. Just heard from the Sedore Stove manufacturer that the Sedore 3000 now qualifies for the 30% tax credit under the American REcovery and Reinvestment Act of 2009. This means that if you purchase a Sedore 3000 in 2009 or 2010 you can recover some of your costs for the stove and installation labor costs. There is a maximum of $1500 tax credit and it applies to 30% of the sum of all IRS qualified improvements made by a homeowner in 2009 or 2010. For further information please consult your tax advisor or visit www.energystar.gov. So if you have been considering purchasing one of these great stoves this is the year to go for it.

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