2009 Tax Credit Information – Important Details On February 17, 2009 President Obama signed into law, H.R. 1, the American Recovery and Reinvestment Act (ARRA). Included in that critical legislation a tax credit for the purchase of a biomass-burning stove (WOOD, PELLET, CORN ETC.) to help consumers fight rising home heating costs. Note: With regard to tax credits vs. tax deductions, in general, a tax credit is more valuable than a similar tax deduction. A tax credit reduces the tax you pay, dollar-for-dollar. Tax deductions - such as those for home mortgages and charitable giving - lower your taxable income. The manufacturer must certify that its product meets or exceeds the IRS efficiency requirement. To do so, the manufacturer of a stove that qualifies for the tax credit may certify to a taxpayer that the component is a "qualified energy property" by providing the taxpayer with a manufacturer's certification statement. The below links provide the manufacturer's certification statements required. Jotul Harman Stoves Pacific Energy Regency Lennox BIS/Security Chimney St. Croix EasyFire Thelin © 2009 Vonderhaar Fireplaces, Stoves and Masonry | 9348 State Route 42, Cincinnati, OH 45241 | (513)242-1110 Home | Services | Products | Resources | Videos | Clearance | Financing | Contact Us