WDMA notifies House on support of energy tax credits
WDMA-Logo-Cropped-145.jpeg

The Window and Door Manufacturers Association (WDMA) recently submitted a statement to the House Ways and Means Committee for its "Energy tax policy and tax reform" hearing, which discussed the importance of energy efficient tax incentives, including the energy efficient tax credit for windows, doors and skylights, scheduled to expire at the end of 2011.

WDMA told the committee that it believes “a properly focused residential tax credit, at a more robust level than the 2011 credit, can efficiently and effectively spur significant private investment in energy saving measures.”

"The bottom line is that the tax credit has been hugely popular with the American public because it works," said Michael O'Brien, WDMA president. "We are continuing to educate members of Congress about restoring the credit to a more robust level to improve energy efficiency and preserve jobs."

WDMA also recommended consumer-friendly verification techniques to the IRS with the goal of improving the system for assuring that the tax credits claimed on returns are actually for qualifying energy efficient windows, doors and skylights. Currently, no documentation is provided on tax returns about the qualifying product.

Have something to say? Share your thoughts with us in the comments below.