www.morsona.com
PORTLAND, OR, March 11, 2011
/24-7PressRelease/ -- With all US wood stove and fireplace insert models qualified for the IRS consumer tax credit, Danish manufacturer Morso and their large network of authorized dealers welcome the Federal Bio-Mass Tax Credit extension that provides a 10% tax credit up to $300 for the purchase of a new biomass heating appliance in 2011.
"The original tax credit and this recent extension gives an incentive to smart homeowners who are adding energy- efficient zone heating or replacing dated heating appliances sooner than later and has also helped spur the green living trend," explains Morso US President Craig Shankster.
This tax credit extension was part of the $858 billion tax package that President Obama signed into law on Friday, December 17. By extending this tax credit, Congress signaled its support of the renewable fuel industry.
The 2011 Federal Bio-Mass Tax Credit now includes a 10% consumer tax credit (up to $300) for the purchase of 75%-efficient bio-mass burning stoves (i.e. energy efficient Morso wood stoves or fireplace inserts).
To qualify for the tax credit the following criteria needs to be met:
- The credit is for biomass heating appliances, including wood stoves, pellet stoves, pellet inserts, and wood-burning fireplace inserts.
- The appliance must be installed in an existing primary residence, not a new house or rental property.
- The stove or insert must have a minimum efficiency rating of 75% as certified by the manufacturer. All US Morso Energy Efficient Wood Stove models qualify.
- The appliance must be an EPA approved biomass stove. All Morso wood stoves are approved by the EPA.
While this Tax Credit can be applied to the purchase of a wood stove, installation costs are no longer allowed. It is recommended that homeowners keep the manufacturer's certificate and invoice from the installer to give to their accountant and keep for their records.
For more information on Morso US and dealer locations visit
http://www.Morsona.com or contact customer service at 866-883-9619.
Morso Energy Efficient Wood Stoves has spent 157-years creating timeless, handcrafted Scandinavian-designed wood stoves and fireplace inserts that fuse inspired design with advanced engineering. Nothing less than the best, will work in your home.
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Press Release Keywords:- stove, stoves, wood stove, wood stoves, fireplace, fireplace insert, wood buring stove, wood burning fireplace insert, morso, morso wood stove, tax credit, bio mass tax credit, ira tax credit
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