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2009 End of Year Tax Planning!

10 hours ago ago from The Florida Home Owner

The FIRST-TIME HOMEBUYER's TAX CREDIT of up to $8,000 has been extended, so eligible taxpayers can now claim the credit as long as they purchase a home or are in contract by April 30 (they have until June 30 to close). For those looking to move up or downsize, existing homeowners may qualify for a new tax credit of up to $6,500 — but they must purchase a new home, or sign a sales contract, between Nov. 7 and April 30. The credit can be ...

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