Earn Towards Your Deduction With Quality Metal Roofing
Hello Consumers,
If you've been considering purchasing a metal roof, here's one more fantastic reason to get a jump on your project: From January 1, 2006, through December 31, 2007, the US Government will be following Congress' Energy Policy Act of 2005, rewarding consumers of quality metal roofs with tax credit savings up to $500.
Which Metal Roofs Qualify for the Tax Credit?
The Energy Policy Act of 2005 allows for a tax credit for homeowners who install qualified energy-efficent improvements to an existing home. The policy, in the case of roofing, defines improvement as a metal roof with appropriate pigmented coatings which meet the Energy Star program requirements. As an Energy Star labeled metal roofing system has at least 65% solar reflectance for low-slope roofing and 25% solar reflectance for steep-slope roofing, many metal roofing manufacturers' products featured on www.metalroofing.com qualify for the credit.
What's more, a $500 tax credit is an extra $500 in your wallet. Because tax credits are subtracted directly from "total tax liability," a credit has a different value than a deduction. For example, if Dave is in the 28% tax bracket and wins a $500 credit on his new, energy-efficient metal roof, that's the equivalent of a tax deduction of $1785.50!
Many of the MRA’s member contractors and manufacturers offer roofing that meet the Energy Policy Act's specifications. And, of course, the best way to decide on the correct roof for your home is to consult your local MRA Member Contractor.
Thank you for your interest in the Metal Roofing Alliance. Please visit us online at www.MetalRoofing.com for more information.
The Metal Roofing Alliance is a consortium of metal roofing manufacturers, suppliers, distributors, and contractors with the main goal of educating consumers about the many benefits of metal roofing.
