Time is running out for you to take advantage of the tax incentives provided by the American Recovery and Reinvestment Act (or stimulus package). Here are some specifics about the stimulus incentives.
You’ve probably heard of the First-Time Homebuyer Tax Credit, a popular tax break that’s part of the 2009 economic stimulus plan. Learn more about some interesting twists that just might help you qualify for it.
It’s all over the news. If you buy a home between January 1, 2009 and December 1, 2009, you could qualify for a big homebuyer tax credit. But if you are buying the home with someone else, who gets the credit?
If you didn’t get a tax stimulus payment in 2008, or only a partial payment based on your 2007 income, you could qualify for one in 2009. You get a do-over using your 2008 income to qualify. Some people weren’t able...
You might not realize it, but the big bailout bill for the U.S. financial system also contained some goodies for the average taxpayer. Congress added them as “sweeteners” to help the legislation go down smoothly with disgruntled constituents. Taxpayers can...
