 internal revenue source IRS tax news IRS releases frequently asked questions about energy efficient home improvements and residential clean energy property credits energy efficient home and is it just mirrors that an oxymoron like jumbo shrimp i mean you have to pick a goal to pursue at any particular time a goal which is it energy efficiency or home improvement i mean you can't just take two completely separate things and then put them together act like they're just one okay what you have here looks like the remnants of a list like part of a list and a list has items usually separated by commas or separate lines on the list and it looks like two of those items on the list have been grouped together on one line it would be like having your to-do list and the next item says grocery shopping clean the bathroom there there's separate things on the list that got put you can't do you can't do them at the same time they're separate item honestly i mean it's like the federal reserve and the new dual mandate of inflation and unemployment those are totally different things that aren't likely to be going in the same direction at any given time i mean you're gonna have to pick one if you want to make any progress they're like hey look at this energy efficient home i built all i had to do to reduce the energy usage was remove all the lights electrical sockets and heating an air system so like if you don't mind stroll it around your pitch dark house with a hand sewing hemp blanket wrapped around you a blanket that expended no carbon emissions during production mind you to keep warm while eating trail mix because you don't have a refrigerator it'll be great it's like yeah i i do mind i i do mind dang it this is going too far i want my home built by like tim allen because i'd rather have my house have a like a 60 chance of blowing up than living this energy improved house whatever first a joke genius is one percent inspiration and 99 percent perspiration well what do you know what they say about success it's one percent inspiration and 99 percent perspiration so is your shirt which is great i say we form a partnership creating genius and there is strength in you i see it unite us unite us unite the clans we'll be billionaires i'm telling you honestly my obese uncle can provide all the perspiration you could ever want just by walking to the fridge come here i'm gonna eat you i'm bigger than you i'm higher in the food chain get in my belly so like if you just provide that that one percent part of the inspiration we can provide more than enough perspiration you really are a fat dude you know that helps my feelings i try going on a date you know the zone you know carbs are the enemy and then even though we're providing 99 percent and you're only you know given the one percent we'll be happy to still split the profits just like a 90 10 split on the profits yeah you know what else they say about success there mr rucka flounder it's lonely at the top yeah but the food's better clip ir 2022-225 december 22nd 2022 washington the internal revenue service today released frequently asked questions faqs about energy efficient home improvements and residential clean energy property credits in fact sheet fs 2022-40 there's a link to that here the inflation reduction act of 2022 does that have anything to do with inflation reduction no no here we are talking about it again i haven't we've talked about this a lot i haven't seen anything remotely related to inflation it's kind of funny too because they accidentally did not put a capital for the inflation part of the title so it's like the inflation reduction act all capitals accept the word inflation i think that's some kind of Freudian slip because they're like okay i know we lied but anyways so it's the ira amended the credits for energy efficient home improvements and residential energy property these faqs provide details on the ira's changes to these tax credits information on eligible expenditures and provides examples of how the credit limitations work there's more information about reliance is available there's a link to that here there's a link to the fs 2022-40 there'll be a link to this in the description