October is Energy Awareness Month in hopes consumers will learn to make better decisions about energy usage. Purchasing energy efficient appliances often will often get you tax breaks. As part of this campaign, several states hold sales tax holidays for the purchase of energy efficient appliances.
Georgia held its sales tax holiday from Oct. 4 – 6. During this time, residents could buy energy and water efficient appliances worth up to $1,500 and avoid sales taxes. Virginia held its holiday from Oct. 11 – 14. Residents could avoid sales taxes on certain energy efficient products worth up to $2,500. North Carolina will be holding its holiday from Nov. 1 – 3 on Energy Star qualified products.
The federal government also offers a federal tax credit for energy efficient appliances that lasts until the end of the year. All these programs are a good way for consumers to upgrade to better appliances while saving money on taxes.
Read more at ParadeCharles F.
Comments will be approved before showing up.