The Tax Code
The federal tax code is the work-product of our legislature and it is not exactly leisure reading.
In fact, the IRS tax code in the Federal Register increased by 2,814 pages just since the first of the year. In its entirety, it now comprises 70,320 pages!
Click on the flag to see how it has grown over the years. |
American Recovery and Reinvestment Act of 2009 (recently signed into law on Feb. 17, 2009)
Additional Tax Law Clarifications Made During
the 1st Quarter of 2009 (Click on the image) ---> 
If you missed the last issue of this newsletter and want to see what the American Recovery and Reinvestment Act of 2009 has in store for Consumers and Businesses click here to view the newsletter archives for the MARCH 2009 issue. |
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Federal Incentives for Energy-Efficiency Upgrades
Click on the Green House to find the energy credits for... Roofs HVAC
Stoves
Insulation Heat Pumps Solar Panels
Water Heaters
Windows and Doors
 Separately, The Texas Senate approved a bill that would fund a program to offer $500M to subsidize small-scale users of solar power. The rebate program would be one of the largest in the country when (if) it becomes law. Unfortunately, a potential drawback is a provision that has power companies buying back the excess power from the homeowner at a 20% discount to the going rate for retail electricity (fair market value)... more on this when (if) it actually becomes available.
NOTE: The state of Texas generates more electricity from wind power than any other state. |