Posted on November 21, 2009First Time Home Buyer Tax Credit Extension: More Fuel for the Charleston, SC Market
We’ve had great news in the housing market this past week! The $8,000 First Time Home Buyer Tax Credit will be extended through April 30, 2010. This extension is good news especially for first time home buyers taking advantage of the credit. This...
Tax Credit Articles
Posted on November 14, 2009US Senate and House Passed the Home Buyer Tax Credit Extension!
Home buyers rejoice! Good news has come for the housing market! What does this mean for home buyers? It means an excellent opportunity take advantage of a limited time offer! Here is a quick breakdown of who qualifies for each credit and what...
Posted on November 13, 2009Renovation Tax Credit
An eligible residential unit is a residence built before 2009. The individual who incurs the home improvement or renovation expenses must be the owner (or co-owner) at the time the expenses are incurred. The residential unit must not only be the...
Posted on November 10, 2009What is the 2009 Roofing Tax Credit?
This article is a description of the 2009 roofing tax credit available. It identifies what is covered by the credit, the goal and who will benefit from the credit the most.
Posted on November 6, 2009First Time Home Buyer Tax Credit - New & Improved!
According to the latest proposed bill, the revised tax credit will contain new and improved features to reach a larger cross section of potential home buyers as well as extend the deadline to encourage more potential buyers.
Posted on November 4, 2009Quebec Home Improvement And Renovation Tax Credit (HRTC)
If you meet certain eligibility requirements, you may be entitled to a refundable tax credit for the 2009 taxation year for expenses incurred under a residential renovation agreement entered into in 2009 for home improvements or renovations.
Posted on October 24, 2009First-Time Homebuyer’s Credit Possibly Extended Amongst Fraud Investigation
The National Association of Realtors claims that about 355,000 homes were sold that would not have been if the homebuyer’s credit had not been extended to buyers. It is also suggested that over 175 thousand new jobs were created over the span of time...
Posted on October 21, 2009Extension of the Home Buyer Tax Credit for Some
The Home Buyer Tax Credit was created to encourage first-time home buyers to purchase their first home and is calculated as 10% of the home’s purchase price up to $8000. By taking advantage of this tax credit, new home owners now have a financial...
Posted on October 12, 2009Tips on Availing First Time Home Buyer Credits
Great thing about tax credit is that homebuyers who qualify can reduce their tax withholdings. This allows the credit to be accumulated as extra money in their paycheck. That money could actually then be used as a down payment on the home being...
Posted on October 31, 2009Need more Tax Savings? Go for green products
Did you know that you can actually save money on your taxes just by using "green" eco-friendly products when doing home improvement projects? Not just a few dollars but thousands of dollars! Here is how. . .
Posted on September 4, 2009Are Home Sales Rebounding Off the Tax Credit into Recovery?
There is one main problem for anyone who's trying to take advantage of the last few months of this program however because the December 1st deadline is when your sale must be closed. Normally the contract closing for a home sale takes about a month...
Posted on September 4, 2009The First Time Home Buyers Tax Credit Boosts Sales, Not Economy
Many buyers are taking advantage of the huge dips in prices for homes, hoping to see gains in equity. Foreclosure homes are especially popular, as buyers are getting homes at a fraction of the price, even in traditionally expensive markets like San...
Posted on June 4, 2009The First Time Home Buyer Credit
However, if you're married, you may want to ensure that your spouse also has not owned a home for 3 years prior to your home purchase, as having a spouse who is or has been a homeowner in the last 3 years disqualifies you from the credit. If you're...
Posted on June 2, 2009Many Families Unaware of How The Government Can Help Them Financially
In this economy more and more people and families are having difficulties making ends meet. One source of income that many people in financial trouble overlook is the Earned Income Tax Credit (EITC) overseen by the federal government.
Posted on December 28, 2008Tax Credit for First Time Home Buyers
Have questions about the tax credit for first time home buyers? Find out who qualifies, how it works, and whether you should get it.
Posted on December 14, 2008The First Time Buyer Tax Credit-Buyer Beware!
The Economic Recovery Act of 2008 allows qualified homebuyers a tax credit of up to $7,500 for homes purchased between 4/9/08 and 7/1/09, as long as the homebuyer has not owned a home in the last 3 years. We all like a little extra cash, but there...
Posted on October 27, 2008Government Help: Buying A Home
Even if you owned a home before - you can still jump on the bandwagon of the government tax credit for buying a home - even a houseboat. Amazingly enough, this home does not have to be a single-family detached run of the mill type home to receive...
Posted on October 25, 2008Consolidate Your Debit
Debit consolidation is a realistic alternative for those looking to further pay down the accumulating interest that come part and parcel with student loans.
Posted on October 14, 2008Rent or Sell?
It was a question that once never entered our consciousness - if we wanted to move, of course we would sell up! Now suddenly there are too many variables involved and many of us are asking the question: shall we sell now or shall we rent our house....
Posted on July 25, 2008Get Out From Under That Dark Cloud
It seems that every day we read another story about the demise of the housing market and the failing U.S. economy. Let's face it, bad news makes headlines quicker than the good stuff. Unfortunately this proliferation of doom and gloom has helped to...
Posted on June 23, 2008SR&ED financial aid to companies that make new technological discoveries
Qualified SR&ED companies receive a check from the government for up to 70% of all salaries
Posted on June 8, 2008Companies that develop new or improved products can apply for RD tax credit
The research tax credit is a dollar-for-dollar tax credit against taxes owed or taxes paid. This is a very invigorating incentive for individuals and companies.
Posted on May 24, 2008Gas Saver - Buying a Hydrogen Booster vs. a Prius
So, you're about to purchase a new Prius because it's a hybrid gas saver - maybe you've never even heard of a hydrogen booster. A new Prius hybrid sounds like a great plan because of all the money you'll be saving on gas, right?
Posted on April 19, 2008Federal Budget 2008 - Changes to the Research and Development Tax Credit
In Canada there is an advantage to being a company that is into research and development. TAX CREDITS !!!!
Posted on March 1, 2008Don't Dread Filing Your Income Taxes - Money-Saving Strategies May Be Available!
Lots of people will sigh with bitter remembrance when you utter the name of the springtime curse: "taxes". With the rate of federal income tax withholdings being pulled out of each paycheck - even without state, Social Security, or Medicare taxes to...
Posted on March 1, 2008Top 10 Tax Tips for the Self Employed
The ease of communication permitted by modern technology including the Internet, teleconferencing, and mobile communication has led many professionals to begin working for themselves. Among these empowered self-employed professions are an increasing...
Posted on February 1, 2008Saving the Environment While Saving Money
Making your home more eco-friendly while saving money. Includes information about tax rebates and credits.
Posted on July 11, 2007Child Tax Credit - Are You Eligible and How Much Can You Claim
The Child Tax Credit is a child benefit available in the UK for lower income households. Child Tax Credit and other child allowances are paid by the Child Benefit Agency.
