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Urgent Update on Expiring Energy Tax Credits

As the landscape of energy tax credits undergoes rapid transformation due to recent legislative reforms, taxpayers and homeowners must remain vigilant. The newly enacted legislation, often dubbed the "One Big Beautiful Bill" Act, is poised to fast-track the expiration of several key energy-related tax credits. This means that swift action is essential for those hoping to capitalize on these benefits before they disappear. Watch our detailed video to identify which credits are nearing their end and how you can take advantage effectively.

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This impending change poses significant tax planning challenges, especially for individuals who are keen on maximizing savings through energy-efficient installations in their homes. As an accountant and tax professional, this is an opportune moment to leverage your expertise and offer your clients actionable insights on navigating these changes efficiently.

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In preparing for these shifts, it may also be strategic to coordinate with financial advisors on potential IRA conversions, given the intersection of tax implications. Whether considering a SEP IRA to Roth conversion before year-end or addressing RMDs for those approaching 72, being informed aligns with not only maximizing credits but also holistic tax strategy planning.

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