May Could Be Crucial Month for Tax Credit Discussions
Many pundits have been carefully tracking the prospects of success for President Biden’s Build Back Better plan. Several provisions have...
Wood and Pellet Heater Tax Credit Extension Passes the U.S. House of Representatives
The U.S. House of Representatives passed the Build Back Better Bill on Friday, November 19th, by a vote of 220-213. The $1.75 trillion...
Wood and Pellet Heater Tax Credit Update and What's Next
As previously reported, the U.S. House of Representatives was unable to hold a vote on a large reconciliation bill on Friday, November 5....
IRS Updates 2021 Tax Form for Wood and Pellet Heater Tax Credit
The IRS has updated its draft forms (but not instructions) for 2021 taxes, including the Residential Energy Credits tax form (Form...
Be Ready for the Season: Study Up on the Tax Credit Details
As the selling season draws nearer, HPBA has been receiving an increasing number of inquiries about the tax credit from consumers – a ...
Important Webinar on the New Tax Credit
Webinar: Selling the New Biomass Heater Tax Credit March 11 | 12 – 1 pm CST Word is getting around; there’s a new wood and pellet heater...
Major Biomass Stove Tax Credit Changes in 2021
Legislation is about to pass Congress which creates a NEW tax credit for biomass heaters under Sec. 25(D) of the U.S. tax code. The Sec....
Biomass Stove Tax Credit Expires December 31, 2020
The $300 tax credit for purchasing a qualifying biomass stove is set to expire on December 31, 2020. In order to claim the credit on a...
Save the Biomass Stove Tax Credit - Send Congress an Email
Save the Biomass Stove Tax Credit The 25C tax credit for biomass stoves is a $300 dollar-for-dollar credit which has traditionally been...
Biomass Stove Tax Credit Included in House Infrastructure Bill
The “INVEST in America Act” (H.R. 2), infrastructure legislation that passed the U.S. House of Representatives on July 1, contained...
