The Federal Tax Credits Blog

Posts Tagged ‘taxes’

Question: Concerning the Home Energy Tax Credit, what happens if your contractor will not break out the pricing for you?

I recently had insulation installed in my home. I need the insulation contractor to break out the material from the total bill. They said it is not possible. Do they leagally have to? Why or why not?

Answer: I don’t know if you can force him to itemize the invoice. I personally would not deal with any contractor that would not agree to an itemized invoice in the contract before any work started. As for their statement that ‘it is not possible’. That is false. If they don’t know how much they paid for materials, they shouldn’t be in business.

Window Quilts Work (YouTube).mov

MAJOR PRICE REDUCTION AT HUDSON TOYOTA

Question: Can homeowners who took the 2008 $7500 tax credit amend it on their 2009 taxes (or before) any way?

I purchased a home in April of last year and took the $7500 tax credit/loan from the government. I heard a few people saying something to the effect of “contact a tax professional, but there’s a way to not have to pay back the $7500 tax credit/loan for 2008 since the $8000 tax CREDIT does not need to be paid back.” Has anyone heard of this or know anything about this? Thanks.

Answer: If you purchased your home in 2008 you can only take the $7,500 tax credit/loan.

But if you purchased your home in 2009 and claimed the $7.500 on your 2008 tax return, you can go back and amend your 2008 tax return to claim the extra $500.

HR Block — Tax Advisor I — Over 5 years experience

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Question: Mortgage, Refinance, Debt Consolidation, Construction, Home Improvement…?

I’m a loan officer for Access Mortgage and Financial, we do 500+ credit scores. Contact me toll free at 877-LOAN-103 and ask for Josh. We do first time buyers, home improvement, debt consolidation, re-finance and more. We handle all credit scores, good or bad. Don’t ever pay for a loan application, they are free and can be done over the phone. You can contact me by phone, email, IM. Please only serious inquiries. We are currently licensed in 14 states
Hmmm, this is the advertising/marketing section so why can’t I advertise? I feel like your answer is violating guidelines, you didn’t answer the question, you stated your opinion and got 2 points for it. Let the people at yahoo worry about me. And if anyone out there is seriously interested please contact me. For those of you who just want to criticize then save your 2 points for a real answer to someone who will appreciate it.

Answer: No, thanks. I’d never do business with someone who doesn’t read and follow the guidelines of this site. Posting ads here violates the guidelines.

First-time buyer mortgage at 8.5% was a mistake, says Halifax

Mortgage brokers shocked at 8.5% loan – as Halifax speedily takes down ‘dummy product’ from website A mortgage charging interest of 8% above the base rate and purportedly intended for first time buyers has appeared on the Halifax website “by mistake”, the company said. The bank published the terms of the 95% loan-to-value loan on the intermediaries’ part of its website, including that it had an …

arizona first time home buyer, 1st time home buyer programs

Question: Can I get American Oppurtunity Tax Credit even if loans to pay for school were under my parents?

My parents don’t file taxes because they are retired and only recieve social security. I went to school full time I recieved grants and scolarships for part of my tuition and the rest of the tuition was paid for with plus parents loans but since they don’t file taxes do i still report this loans on my taxes. how do i do this?

Answer: universities.atwebpages.com – it provides some tips about applying to US federal and state grants for college students.

School district OKs budget

The Hemet Unified School District’s governing board Tuesday approved a $27.6 million budget for the 2011-12 school year that sees expenses outpacing revenues — a change over the previous year, when the school district had a surplus of $3.2 million.

Arlington Christian School Georgia Tax Redirect Video