Archive for the ‘tax credits’ Category

Energy Tax Credit 2013- windows, doors

Saturday, April 6th, 2013

To qualify for the 2012/2013 Energy Tax Credit American Taxpayer Relief Act of 2012 (H.R.8), windows and patio doors must be ENERGY STAR qualified for the region in which they are installed.

Homeowners may claim 10% of the product cost (not including installation).

For the taxable years of 2012-2013, homeowners may claim no more than: $200 for windows and skylights; and up to $500 for patio doors. The aggregate amount of the credit is limited to $500. Products must be installed in the taxpayer’s primary residence by December 31, 2013. New construction is not eligible. A taxpayer is ineligible for the credit if the credit has already been claimed in an amount of $500 in any previous year. It is not on top of the $1,500 limit in 2009-2010.

Additional information may be found at:

Energy Tax Credit Renewed for 2012 and 2013

Monday, March 11th, 2013

Congress renewed the 2011 Energy Tax Credits available to homeowners who upgrade the energy efficiency of their home.  Homeowners can receive up to $500 in total tax credits for eligible home improvements you’ve made since 2006 ($200 limit for windows). If you are eligible, the tax break applies to 10% of the purchase price excluding installation costs) of certain insulation materials, energy-efficient windows, external doors and skylights, and certain roof materials that meet Energy Star requirements (see  EnergyStar Website for details). You can count both materials and labor costs for certain central air conditioners, biomass stoves, electric heat pumps or electric heat pump water heaters that meet specific energy-efficient guidelines — up to a maximum of $300 for each. You can count up to $150 for an eligible natural gas, propane or oil furnace or hot water boiler.

The items must meet specific energy-efficient requirements to qualify. See the Alliance to Save Energy tax credit info page for details. Keep your receipts and manufacturer’s certification of eligibility


About Schantz Home Improvement Company:

Schantz Home Improvement is a residential Atlanta Contractor specializing in Exterior Renovations including Roofing, Siding, Replacement Windows and other needs. Schantz has earned the distinction of being appointed a Master Elite™ Residential Roofing Contractor by GAF; homeowners  benefit with quality workmanship, quality materials, and manufacturer warranties.

Atlanta Renewal Community Credits Incentives

Wednesday, October 24th, 2012

Atlanta was designated by the U.S. Department of Housing and Urban Development (HUD) as a Renewal Community (RC) along with 40 other communities nationwide. In the Renewal Community, tax incentives and credits are available to spur economic development and job growth.


Target User:

Renewal Community Wage Credit

Business with employees that live and work within the RC boundaries

Credit against Federal taxes up to $1,500 for each year of RC designation for every employee (existing and new hire) who lives and works in the RC area. Tax credit for 15% of first $10,000 in wages per employee may be taken annually through 2009. Unused credits can be carried back one year or forward for up to 20 years.


Target User:
Commercial Revitalization Deduction

Property owners who substantially renovate an existing building or develop a new building for commercial use within the RC.

An accelerated depreciation deduction period for commercial real estate property, either new construction or substantial (more than adjusted basis) rehabilitation. The taxpayer/property owner can choose one of two methods to use this incentive: depreciate 50% of qualified capital expenditures in the year the building is placed in service then depreciate the remaining balance over 39 years or depreciate 100% of the qualified capital expenditures over a 120-month period. This incentive is limited to $10 million per project. The property owner must receive the allocation of the deduction from the state-designated Commercial Revitalization Authority.


Target User:
Capital Gains Exclusion

“Renewal Community Business” as defined by the Internal Revenue Code: 85% of property in RC, 50% of gross income from RC, 35% of employees live in RC.

Allows a 0% capital gains rate for RC assets held for a minimum of 5 years. An asset could include tangible property in the RC, stock, capital interests or profit interests in a RC Business acquired for cash. The rate applies to gains after December 31, 2001 and before January, 1 2015. The taxpayer is not required to sell the asset in 2015, but must determine and substantiate the gain for that period.


Target User:
Increased Section 179 Deduction

“Renewal Community Business” as defined by the Internal Revenue Code: 85% of property in RC, 50% of gross income from RC, 35% of employee live in RC – with less than $200,000 in new equipment needs annually.

Up to an additional $35,000 immediate depreciation expense for machinery or equipment, including computers, placed in service in that year. For example, the incentive allows an “RC Business” to take up to a total of $285,000 “write-off” in 2008 on Form 4562.

For more information, visit the Atlanta Development Authority web site.

Links to 2011 federal, state, local energy tax credits lists

Monday, July 11th, 2011

If you purchase an energy-efficient product or renewable energy system for your home, you may be eligible for a federal, state and local energy tax credits. Below  are links to tax credits for energy efficiency that are currently available, including link to your state database.

While some energy efficiency tax credits are available through 2011, others are available through 2016. In addition, tax credits were available in 2009 and 2010 which can still be claimed on your 2010 taxes. Learn more about the tax credits that expired at the end of 2010.

* How to Claim Your Tax Credit
* Products Eligible for Tax Credits Through 2011
* Products Eligible for Tax Credits Through 2016
* Federal incentives can be combined with other state, local, and utility incentives. Link to Database of State Incentives for Renewables and Efficiency.


US dept of energy efficiency


Schantz Home Improvement advisors will always inform customers of all available federal, state and local energy tax credits.

2011 Roofing Energy Tax Credit

Sunday, July 10th, 2011

What roofing tax credits are available for 2011? Federal guidelines are outlined below.

roofing repair man

Credit: 10% of cost, up to $500

When and Where:

  • 2011 only
  • Existing primary residence

How to Claim Your Tax Credit

  • Visit the IRS website to obtain the correct forms for the tax year you are filing.
    • For example, claim improvements made in 2010 on your 2010 taxes, filed by April 18, 2011.
  • Use the following forms:
  • Save your receipts, or make copies of them, and the Manufacturer Certification Statement for your records.
  • NOTE: The credits are nonrefundable—in other words, the credits are only available to the extent you have a tax liability. The credits for home energy improvement products eligible through 2011 may be limited if you are subject to the AMT.
  • Tax credits can only be claimed once, and are limited to the year in which they are purchased: If you claimed a home energy improvement tax credit on your 2010 taxes, you cannot take an additional credit for the same purchase on your 2011 taxes.
  • There is a $500 lifetime limit on the federal tax credits. If you have received a total of $500 in these tax credits from 2006-2010, you are not eligible for any more.


Schantz Home Improvement advisors inform consumers of all federal, state, and local tax credits available. Customers must review IRS and local regulations to determine individual eligibility based on personal circumstances. Link to more information about our roofing replacement and repair in Atlanta.

2011 tax credit extension for expiring energy credits

Sunday, July 10th, 2011

The excerpt below highlights 2011 federal energy tax credits available from the Reid Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, signed into law in December 2010.

S.A. 4753: The Reid-McConnell Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 Amendment to H.R. 4853

VII. Temporary Extension of Certain Expiring Provisions Energy
Biodiesel and renewable diesel. The bill extends through 2011 the $1.00 per gallon production tax credit for biodiesel, as well as the small agri-biodiesel producer credit of 10 cents per gallon. The bill also extends through 2011 the $1.00 per gallon production tax credit for diesel fuel created from biomass.

Refined Coal. The bill extends through 2011 the placed-in-service deadline for qualifying refined coal facilities. Energy-efficient new homes credit. The bill extends through 2011 the credit for manufacturers of energy-
efficient residential homes.

Alternative fuels credit. The bill extends through 2011 the $0.50 per gallon alternative fuel tax credit. The bill does not extend this credit any liquid fuel derived from a pulp or paper manufacturing process (i.e., black liquor).
Special rule for sales of electric transmission property. The bill extends through 2011 the present law deferral of gain on sales of transmission property by vertically integrated electric utilities to FERC-approved independent transmission companies.

Special rule for marginal wells. The bill extends through 2011 the suspension on the taxable income limit for purposes of depleting a marginal oil or gas well.

Section 1603. The bill extends for one year the start-of-construction deadline for the cash grant in lieu of tax credit program, established in Section 1603 of the American Recovery and Reinvestment Act.

Ethanol. The bill extends through 2011 the per-gallon tax credits and outlay payments for ethanol. The bill also extends through 2011 the existing 14.27 cents per liter (54 cents per gallon) tariff on imported ethanol and the related 5.99 cents per liter (22.67 cents per gallon) tariff on ethyl tertiary-butyl ether (ETBE).

Energy-efficient appliances. The bill extends through 2011 and modifies standards for the Section 45M credit for US-based manufacture of energy-efficient clothes washers, dishwashers and refrigerators.

Energy-efficient existing homes. The bill extends through 2011 the credit under Section 25C of the Code for energy-efficient improvements to existing homes, reinstating the credit as it existed before passage of the American Recovery and Reinvestment Act. Standards for property eligible under 25C are updated to reflect improvements in energy efficiency.

Alternative vehicle refueling property. The bill extends through 2011 the 30% investment tax credit for alternative vehicle refueling property.

Courtesy of the US Senate Finance Committee.

2011 federal energy tax credit US senate finance committee



Atlanta roofing contractor $1500 tax credit with Timberline shingles

Wednesday, December 15th, 2010

Get potential energy savings, tax credits, and a limited lifetime warranty when you hire Schantz Home Improvement,  a GAF Master Elite Residential Roofing Contractor in Atlanta, Georgia to install new GAF-Elk Timberline Cool Series Shingles. Up to $1500 in Energy Tax Credits for your replacement roof are set to expire December 31, 2010 unless Congress acts to extend them.

Timberline® Cool Series Energy Saving Shingles

Thanks to modern reflective technology, you can join the green revolution with Cool Series roofing shingles. Our highly reflective shingles can help to reduce temperatures in your attic, so your home will stay cooler in the summer—to save on air conditioning costs.

Simply put, our Cool Series shingles use specially-designed roofing granules that have greater reflectance than traditional shingles. The result is, it minimizes the transfer of heat to the space below—to keep you cooler in the summer.

Not only that, Timberline® Cool Series shingles are made with the patented StainGuard® algae protection to assure the beauty of your roof against unsightly blue-green algae!

How Cool?*

Bears In House

Thanks to the reflective nature of the Cool Series Shingles, part of the heat coming from the sun gets reflected, reducing the heat in the attic, and heat going into the house. It may translate into substantial savings in air conditioning bills.

Cool roofs may save residents an avg. 7-15%** of total cooling costs, depending on geography, structure and climate. In warmer climates, cooling-cost savings may be greater year round.

A cool roof minimizes the solar heat gain of a building by first reflecting incoming sun rays and then by quickly re-emitting the remaining absorbed portion. As a result, the cool roof stays cooler than a traditional roof of similar construction.

*Results may vary by geography, season and property.
**According to Cool Roof Rating Council


A Cool Secret.

Roofing granules give a shingle its unique look and tone.
But traditionally, only white shingles have been considered “cool” by energy-saving standards.

Not any more. Thanks to our technology, cool granules are covered with multiple layers of reflective material. That means thousands of mini-reflectors working to make you feel cool!

Trust The Star…

Timberline® Cool Series is an Energy Star® qualified roof product. Here’s what it means to you:

  • Saves Money and Energy.

    According to the EPA, about $40 billion is spent annually in the US to air condition buildings — one-sixth of all electricity generated in a year! ENERGY STAR® qualified roof products may reduce the amount of air conditioning needed in buildings, and may reduce energy bills.

  • Downsizes Cooling Equipment.

    A reflective roof can reduce peak cooling demand. As a result, the home or building owner may be able to purchase a smaller, more efficient, and less expensive cooling system.

  • Decreases Pollution in Urban Areas.

    Reduced energy demand means less burning of fossil fuels, which results in less pollution from power plants. Also, ENERGY STAR® qualified roof products help to reduce the “heat island effect,” in which dark, heat-absorbing buildings and paved areas make the air in urban areas hotter, and more smoggy.

  • May Increase Roof Product Life.

    ENERGY STAR® qualified roof products maintain a more constant temperature, reduce thermal shock, and may help to extend the life of the roof.

For Homeowners

  • Tax Credit…

    Get up to $1,500 (30% of material cost) back from the government in the form of tax credit on colors that are Energy Star® qualified*

  • Energy Savings…

    Reduce cooling energy consumption by up to 50% depending on geography, structure, and climate

  • Rebates…

    Some utility companies and municipalities will even pay you to switch to reflective shingles*

  • StainGuard® Protection…

    Helps assure the beauty of your roof against unsightly blue-green algae

  • Extended Shingle Life…

    Protects against harmful UV rays

  • Pioneer in Cool Shingles…

    Market leader for many years—trusted and known by all

  • Safer…

    Class A fire listing from Underwriters Laboratories—the highest rating possible

  • High Performance…

    Custom specified, ultra high performance Micro Weave® Core provides better protection layer for layer

  • Stays in Place…

    Dura Grip® adhesive seals each shingle tightly and reduces the risk of shingle blow-off. Shingles warranted to withstand winds up to 130mph (with special installation, see ltd. warranty for details)

  • Peace of Mind…

    Lifetime ltd. transferable warranty with Smart Choice® Protection (non-prorated material and installation labor coverage) for the first 10 years (see ltd. warranty for complete coverage and restrictions)

  • Perfect Finishing Touch…

    Use Premium Ridglass® or Seal-A-Ridge® ridge cap shingles

*Some rebate programs are time limited and change often; for more information, contact your utility, governmental unit, or tax advisor.

For Professionals

  • A Familiar Shingle…

    The shingle you have come to know and love, Timberline®, now comes in “green” for your customers who want to save both money and the environment

  • Strong Consumer Interest…

    Driven by government tax credits and local rebates—make sure you can offer your customers the solution when they want it

  • Broaden Your Portfolio…

    A chance to show you are “on top of your game” and “up-to-date with green trends”

  • Better Value Means More Referrals…

    This unique product is the best of its class at a competitive price. Get in early and lead the way!

Timberline® Cool Series Reflectance & Emittance Data

Color Initial Solar Reflectance Thermal Emittance Solar Reflectance Index (SRI) LEEDS Credits
Cool Antique Slate 0.27 0.92 29 YES
Cool Barkwood 0.27 0.92 29 YES
Cool Weathered Wood 0.26 0.92 28 NO
Cool White 0.26 0.85 24 NO

Warranty Info † This wind coverage requires special installation. See limited warranty for details.

Good Housekeeping Stain Guard Energy Star CRRC Logo Miami-Dade Logo

UL Classified

Timberline® Cool Series Specifications

  • Fiberglass Asphalt Construction
  • Lifetime Ltd. Warranty
  • 10 Yr. Smart Choice® Protection
  • 130 mph Ltd. Wind Warranty**
  • Listed Class A fire—UL 790
  • ASTM D3161 Type 1, Class F
  • ASTM D3018 Type 1
  • ASTM D3462***
  • CSA 123.5-98
  • Approx. 64 Pieces/Sq.
  • Approx. 4 Bundles/Sq.
  • Approx. 256 Nails/Sq.
  • 5 5/8″ Exposure

**This wind coverage requires special installation. See ltd. warranty for details.
***Periodically tested by independent and internal labs to ensure compliance with ASTM D3462 at time of manufacture. Test results obtained after sale may vary depending on storage and roof top conditions.

Schantz Home Improvement is a Master Elite™ Residential Roofing Contractor in Atlanta, Georgia.

Energy Tax Breaks to expire

Monday, November 8th, 2010

Federal energy tax incentives up to $1500 are set to expire December 31, 2010. Homeowners can get $1,500 or more in tax credits for certain home improvements completed in 2010.

As of June 1, 2009, windows, doors, and skylights with U-factor and Solar Heat Gain Coefficient (SHGC) ratings of less than or equal to 0.30 are eligible for a federal tax credit of 30 percent of the product price, up to $1,500.

We originally reported in the story Atlanta replacement window tax credits.

More Details on the Energy Tax Credit

On February 17, President Obama signed into law the American Recovery and Reinvestment Tax Act of 2009. This bill extends and modifies the tax credits for windows, doors, and skylights established in the Energy Policy Act of 2005. The following guidance is not intended as legal advice, and you should consult a tax professional with specific questions.

Qualifying products purchased between January 1, 2009 and December 31, 2010 are eligible for a tax credit equal to 30 percent of the product cost. Installation is not included; be sure to obtain an itemized invoice from your retailer or installer. The maximum amount of homeowner credit for all improvements combined (including roofing, insulation, HVAC, and water heaters) is $1,500 during 2009 and 2010.

list of Comfortline energy star rebate windows

Sunday, June 14th, 2009

Download the complete list of Comfortline windows eligible for up to $1500 in energy tax credits. Comfortline leads the industry for fiberframe and pultruded fiberglass windows and doors.

Comfortline windows eligible for tax credits and manufacturers certificate (PDF download)

list of windows eligible for tax credits

Saturday, June 13th, 2009

Download the complete list of Alside windows eligible for up to $1500 in energy tax credits as part of the stimulus bill known as The American Recovery & Reinvestment Act of 2009. Alside is a leading manufacturer of vinyl siding and accessories, vinyl windows and patio doors, and fencing and railing products for the residential and commercial remodeling and new construction markets.

Alside windows eligible for tax credits (PDF download)

Manufacturers certificate for certified windows for energy tax credit (PDF download)