Recovery Act allows $8,000 first-time homebuyer tax credit

Interest rates cannot go lower, and home prices are down these days. So, if you’re purchasing a home this year, be sure to claim the new $8,000, first-time homebuyer tax credit, which is part of the Recovery Act. Internal Revenue Service Commissioner Doug Shulman said there are several different ways for homebuyers to receive this [...]

March 19, 20091 CommentRead More