The federal stimulus plan's energy tax credits for insulation are based on the 2009 IECC, which raises the wall insulation requirement for climate zones 5 and 6 from R-19 to R-20. To meet this requirement, the R-value of the cavity insulation must be at least 3.63 per inch. Does this mean that standard R-19 fiberglass batts used to insulate 2x6 walls would not qualify for the tax credit? How about Icynene, an open-cell spray foam with an R-value of 3.6 per inch?
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Accrual accounting gives you a much more accurate picture of your day-to-day finances than cash accounting. Here’s how to set up a popular accounting program to track payables and receivables and provide the reports you need to track your company’s financial health.
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