ICAA Urges Congress to Protect the 25C Home Improvement Tax Credit
The insulation industry worked tirelessly to secure critical improvements to the 25C energy-efficient home improvement tax credit. Thanks to these efforts, the industry succeeded in extending the credit for 10 years, significantly increasing its value and ensuring that it can be utilized by taxpayers annually.
In 2022, the insulation industry worked tirelessly to secure critical improvements to the 25C energy-efficient home improvement tax credit. Thanks to these efforts, the industry succeeded in extending the credit for 10 years, significantly increasing its value and ensuring that it can be utilized by taxpayers annually.
These hard-fought gains are now at risk. The incoming Congress plans to pass a $5 trillion tax bill, and the tax writers are looking for ways to partially pay for its cost. The 25C tax credit is on that list for elimination.
If the insulation industry wants the improved 25C tax credit to remain in effect for the next seven years, it must let Congress know that it strongly supports the credit and opposes its elimination.
Use this link to sign an industry letter to the Congressional tax-writing committees showing your support for the 25C tax credit. It is time to be heard or lose a valuable marketing tool for the insulation industry.
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