Tag: tax credit
Wondering if the First-Time Homebuyer credit applies to you?
I’ve recently been asked some very good questions regarding the government’s First-Time Homebuyer credit. In both instances I’ve had to do some research on the IRS’s website in order to get reliable answers. In one instance I was asked to figure out if a first-time homebuyer would still qualify for the credit if they were [...]
Posted: July 16th, 2009 under First-Time Homebuyer.
Tags: 1st time homebuyer tax credit, 2009 first time homebuyer tax credit, first time homebuyer tax credit, rules for homebuyer tax credit, tax credit, unique scenario for tax credit
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Tax laws: Emergency Economic Stabilization Act of ’08
Much of the attention regarding the new “bailout bill” has focused on the $700 billion that the Federal Government will allow the US Treasury to use in order to stabilizing the financial system. However, there were a lot of new tax laws that also found their way into the bill. 2008-emergency-economic-stabilization-act.pdf. Here are some highlights: * The [...]
Posted: October 24th, 2008 under Housing & Financial Legislation, Personal Finance, Taxes.
Tags: AMT, bailout bill, new tax law, tax credit, Tax law
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