The Federal Tax Credits Blog

Question: What is the liklihood that the $8,000 first time homebuyers tax credit will be extended?

Answer: 100% Anything to keep the economy artificially afloat.

Jackson Hewitt(R) Weekly ‘Tax Time Tip’: Don’t Delay! Only 30 Days Left For First-Time Homeowners To Reap Valuable Tax …

The special tax credit for both first-time and long-time resident homeowners will soon expire. Extended for seven additional months to allow buyers to find the house of their dreams, this benefit expires April 30, 2010.  In this week’s “Tax Time Tip,” Jackson Hewitt Tax Service® reminds potential homebuyers that if they want to take advantage of the First-Time Homebuyer Credit, they must act …

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