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Home Energy Saving
Outlook for renewal of key tax benefits is improving

WASHINGTON — Here's some good news for homeowners worried that Congress will fail again to renew popular tax benefits for use in 2014 — especially those allowing for mortgage debt forgiveness, write-offs for energy-saving improvements and mortgage insurance premiums. Though there has been no formal announcement, the Senate Finance Committee under its new chairman, Ron Wyden (D-Ore.), expects to take up a so-called "extenders" package sometime this spring. "This is high on [Wyden's] priority list," according to a source with direct knowledge of the committee's plans. That's an important change from December, when then-Chairman Max Baucus...

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