There are a lot of reasons why homeowners in Northern Virginia turn to the experts at Preferred Heating & Cooling for their indoor comfort needs. Comfort. Customer Service. Reliability. Product Experts. We have developed a reputation for delivering superior indoor comfort that truly stands out from the competition. In addition, we offer a wide variety of products that not only meet the requirements for the Federal Tax Credit for Residential Energy Property Expenditures, they can provide years of substantial savings on monthly energy bills.

• If a qualifying purchase is not large enough to qualify for the maximum credit of $500, the remaining available tax credit can be claimed for

  additional qualifying purchases.

The reason many homeowners are so excited about this program is because tax credits, unlike deductions, are subtracted directly from the total amount you owe on your personal income taxes. For example, if you complete your tax return and calculate that you owe the IRS $2,000, a tax credit of $500 will reduce your tax bill to only $1500. Of course, be sure to check with your tax adviser on how to best take advantage of the tax credits.

To take advantage of the American Recovery and Reinvestment Act tax credits, you must purchase your qualifying high-efficiency comfort system between January 1, 2011 and December 31, 2011. Better yet, your savings won't be limited to a one-time tax credit. You'll continue saving every month with reduced monthly cooling and heating bills. For more information, contact Preferred Heating & Cooling today.

As part of an effort to reduce dependence on foreign sources of energy, the American Recovery and Reinvestment Act provides a tax credit to help offset the costs of making energy efficiency improvements to your home. Some key details of the program are as follows:

• The tax credits apply to a variety of products (including installation costs) such as windows, doors,

   heating and cooling equipment and more.

• The amount of the credit is equal to 10% of the installed cost of the qualifying products, up to a

   total of $500.