Many are scrambling to take advantage of the homebuyer tax credit before April 30. This credit, according to the IRS is called “The Worker, Homeownership and Business Assistance Act of 2009″ and was signed into law on Nov. 6, 2009.
Under the new law, an eligible taxpayer must buy, or enter into a binding contract to [...]
First Time Home Buyers $8,000.00 Tax Credit
Buy your first home before April 30, 2010, and you may be eligible for a tax credit of up to $8,000. Think how handy that extra money will be as you settle into your first home. The pricing and availability of homes has never been better, and now with [...]
Many students are qualified to earn tax credits to help make up for the amount of tuition they pay for their education. A tax credit is a direct reduction of a person’s tax liability. It reduces the actual amount of taxes that must be paid. There are three tax credit opportunities available for students to [...]
If you own a California company and are looking for ways to keep your company solvent for another business year, why not take advantage of tax credits that many companies simply let pass them by. Certified public accountants can help you ascertain which California tax credit and California tax incentives will most benefit your company [...]
Thanks to the 2009-2010 energy tax credit, window replacement can increase the value of your home while lowering your tax burden at the same time. A.W. Ross is the controller of Charlotte, North Carolina’s Lundberg Roofing, Windows & Siding. According to him, anyone looking to make home improvements in the near future should do some [...]
If you or a dependent have college related expenses, you should review the following federal education tax credits as you prepare your 2009 federal tax return. These tax credits may be claimed for qualified education expenses of the taxpayer, taxpayer’s spouse or taxpayer’s dependents.
American Opportunity Credit was created by the Obama administration to assist students [...]
