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Homebuyer credit – 2 weeks left

Tuesday, September 14th, 2010

To claim the first-time homebuyer credit or the long-time homebuyer credit, you must close the purchase of your new principal residence by September 30, 2010, the new deadline extended by Congress from June 30, 2010. The binding contract for the purchase must be dated on or before April 30, 2010. If the residence is under construction, […]

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Tags: IRS, refund, tax, tax credit, tax preparation, tax tips



Congress helps homebuyers

Friday, July 2nd, 2010

Homebuyers who were unable to close before July 1 have been granted a reprieve to claim the homebuyer credit. If the contract on their house was signed before May 1, they now have until September 30 to close on the purchase. The homebuyer credit in its present form (it’s been amended three times now) is a tax […]

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Tags: homebuyer, tax, tax credit, tax preparation, tax return, tax tips



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