I know you saw the word “tax” in the title, and you wanted to say, “Olive, it isn’t even late March yet! I don’t want to worry about taxes just yet… well, maybe just a little.”
Now don’t worry: my job around here isn’t to bring you bad news. When I need to talk about bad news—like a furnace that just won’t turn on—it’s only because I can offer you ways to turn that into goods news. And in this case, I only have good news about when it comes to taxes: Thanks to the American Tax Payer Relief Act of 2012, you may be eligible for a tax credit if you purchase or purchased certain types of heating, AC, and ventilation equipment between January 1, 2012, a December 31, 2016. Yes, that last date is in the future, which means you can plan getting a tax credit on your newest installations if you have the right energy-saving equipment.