Remodel Your Home, Get a Tax Credit

If you can't afford to sell your home and you've got money set aside for remodeling, there's good news for you, thanks to the Feds.

The massive Recovery and Reinvestment Act signed by the president this month to help boost the economy contains tax credits that can benefit your 2009 or 2010 returns. There were credits for making energy-efficient upgrades to your home this year, but the new law increases their benefits and extends them into 2010. For instance:

• The tax credit has been bumped up to 30% from 10%.
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