Shuster & Company, P. C.

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The Energy Tax Incentive Act of 2005 provides tax incentives for builders of energy efficient homes, commercial building developers, and manufacturers of appliances, as shown below. Credit for Builders of Energy Efficient New Homes: Contractors that build new energy-efficient homes in the U.S. are eligible for a credit of $2,000 per housing unit. To qualify, the unit must have annual energy consumption for heating and cooling that is at least 50% less than comparable units. The credit can also apply to a substantial reconstruction and rehabilitation of an existing home.

Shuster & Company, PC is a full-service accounting firm serving clients throughout the US and occasionally throughout the world. We are dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial, business, and forensic needs.

AMT exemptions rise; several expiring deductions and credits get a new lease on life; a new standard property tax deduction and a special first-time homebuyer credit are available to some homeowners; and retirement savings incentives expand. These are among the changes taxpayers will find when they fill out their 2008 tax returns. More information about these and other changes, summarized below, can be found on IRS.gov and by asking your accountant. Economic Stimulus Payments Tax Free Economic stimulus payments are not taxable, and they are not reported on 2008 tax returns.

A crucial aspect of your business success depends on thorough and accurate financial record keeping. Accurate records help to provide information to operate efficiently as well as allow you to identify all your business assets, liabilities, income and expenses. This data will help you locate both strong and weak cycles of your business.

This segment of the business strategy should contain information about the company and its objectives. Detail the experience within your company and the structure of management and legal status. State what your business has to get ahead of the competition.

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