The Federal Tax Credits Blog

Posts Tagged ‘ping.fm’

Tax credit update!

Question: timeline for previous deployed soldier to recieve the $8,000 tax credit?

My husband and I are veterans. (me for a year now and he just got out a week ago, but is in the reserves for 2 years). He left for deployment last August and returned early in June. What is the time-line for us to receive the $8,000 tax credit. I had read awhile ago that he had a years from the month he returned. Recently a broker told me we have until April 2011 to sign-off on a home and till the end of June to close. Does anyone know the specific rule on this? Where I can find it? I have done research myself but have found conflicting info and am trying to get a final answer on this to resolve my question.
I shoud say- what is the timeline of the extension of the $8,000 tax credit for deployed soldiers

Answer: Here is the IRS page which discusses the tax credit for first time home buyers including military. It says you must purchase it by April 30 and close by June 30. I hope Obama gets credit for this one which is among many bills he signed and no one talks about.

http://www.irs.gov/formspubs/article/0,,id=203083,00.html

Warehouse would employ 500

Construction on the 1.4 million square-foot facility would begin almost ‘immediately’ after city approval, official says. A huge warehouse with the promise of 500 jobs could be under construction “almost immediately” at the business park on former Bethlehem Steel land pending city approval, which could happen next week.

$8000 Tax Credit Time Line

Gillard reveals carbon price scheme

Australian households will be handed more than $15 billion in compensation to help offset the impact of the Government’s new carbon tax, Prime Minister Julia Gillard has confirmed.

NAR Info Central’s Video Update: Tax Credit Resources and your NAR Membership Card

Report: Citywide Home Values and Sales Increase in Second Quarter

NEW YORK, NY–(Marketwire – 07/14/11) – The total dollar value of New York City’s residential sales transactions jumped 13 percent in the second quarter of 2011 to $7.42 billion compared to the first quarter of this year, according to a report released today by the Real Estate Board of New York (REBNY). Home prices citywide also inched upward by three percent compared to the same time last year …

Home Buyer Tax Credit Extended for a Select Few

Question: How does re-authorizing the Patriot Act “create jobs”?? Why is it included in Dems job bill?

http://www.politico.com/news/stories/0210/32744.html

Democratic leaders are pushing a sweeping jobs bill to the Senate floor, but they have yet to forge a bipartisan deal on the Obama administration’s new top priority.

A draft of the roughly $80 billion bill, obtained by POLITICO, has a wide range of tax credits and job creation ideas, but it also includes provisions unrelated to jobs, including a reauthorization of the Patriot Act, infusion of new money to the Highway Trust Fund and extension of the so-called “doc fix.”

Answer: It creates domestic surveillance jobs. Which millions of out of work Americans will be more than happy to perform.

For any mass-scale tyranny to succeed, the population must be coerced into policing itself. Neighbor against neighbor.

With Hopes For Debt Deal Fading, Obama and GOP Look for Alternatives

The White House continues to escalate the war of words with the GOP but markets demand a deal sooner rather than later.

GGN- Economic News :: August 28, 2010