About a week ago we brought you a post describing a proposal by Senators Cardin (D-Maryland) and Ensign (R-Nevada) that would give first-time homebuyers a $20,000 tax credit, replacing the current $7,500 credit.
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About a week ago we brought you a post describing a proposal by Senators Cardin (D-Maryland) and Ensign (R-Nevada) that would give first-time homebuyers a $20,000 tax credit, replacing the current $7,500 credit.

As you're filling out your tax return you should be aware of some of the tax breaks to both individuals and businesses as they could save you cash.
Do you know the difference between a tax deduction and a tax credit? See what they both are, how they affect your taxes, and which is more valuable.
The $1000 child tax credit was extended as part of the tax bill passed on December 17th. Here are the details of who is eligible and how to claim the credit.
Congress and the Obama administration passed a tax cut package in December that extended several popular tax provisions, one of them being the $1000 Child Tax Credit.
Congress has extended tax credits for energy efficient home improvements through December 31st of 2010. You can now get credits to upgrade your water heater, windows, doors, hvac system, roofs, and stoves. Click for more details.
The first time home buyer tax credit now includes a credit for existing home owners that want to upgrade. But is this credit worth it for existing owners?
The first time home buyers credit has been officially extended. There are also some changes which include allowing existing home buyers a credit as well.
Lawmakers are pushing for an extension of the first time homebuyers tax credit. The newest version of the tax credit would piggyback on an extension of unemployment benefits, and would open the credit to all homebuyers.







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1 year 12 weeks ago
1 year 12 weeks ago