Many people have heard of tax credits for energy efficient purchases. The good news is they extend to appliances as well. You can get a tax rebate and save money on your utility bill.A tax credit is a very valuable thing and is much better than a tax deduction. A tax credit comes directly off the amount of taxes due rather than reducing your taxable income. The United States has recently approved some tax credits for the purchase of energy efficient homes and products. For the most part, these products are air conditioning and heating units and solar energy products. The tax credits for appliances are available for the manufacturers of washing machines, dryers, and refrigerators.In order to qualify for tax credits, the manufacturer must be making washing machines or dryers that conform to 2007 Energy Star specifications. Refrigerators must exceed the 2001 energy conservation standards. This might come as
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