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Tax Break for Energy-Saving Improvements Is Back

The fiscal cliff legislation, which Congress passed on New Year’s Day, revived the tax credit for energy-efficiency improvements for both 2012 and 2013. If you made any eligible improvements in 2012 -- after the credit expired -- dig up the receipts before you file your taxes for the year because you may get a tax break after all. These new rules should also be kept in mind when planning home improvements for 2013. tax-tips