In 2008, Congress passed a law that offered a tax credit of $7,500 to anyone who purchases a home for the first time, up until June 30, 2009. Tax credits are better than deductions. Generally speaking, if you are entitled to a tax credit, you get the full amount, even if you owe [...]
New and Improved Tax Credit for Buying a Home
February 14th, 2009 by Chris Rooker · 2 Comments
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Federal Tax Credits for Energy Efficiency
January 8th, 2009 by Lisa Oates · No Comments
Heard of the “Emergency Economic Stabilization Act of 2008?” This bill was signed into law by President Bush in October. It extends tax credits for energy efficient home improvements made in 2009. This would include things like new energy efficient windows, doors, roofs, insulation, and so on. To read more about this Act and to [...]
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