Homebuyer tax credit 2010 now a reality
Congress today passed a bill that extends the homebuyer tax credit, which was set to expire at the end of this month. Homebuyers who initiate their purchase between now and April 2010 will be able to take advantage of a $6,500 deduction in their [...]
A long wait lies ahead
The ridiculously high national unemployment rate (9.8 percent) has convinced Congress to consider a bill that would allow people to collect unemployment for an additional 13 weeks. However, an unemployment extension of three months might not be long enough for many people.
CNN Money reports that the [...]
Committee proposes extending tax credit
A Senate committee on Wednesday reached an agreement regarding the first time home buyer tax credit. If they have their way, the first time home buyer tax credit wouldn’t be just for first-time home buyers anymore.
If lawmakers approve, the tax credit will be extended to people [...]