Looking for a way to cut your tax bill or boost your refund before you file? Don’t forget that contributions that you make to your retirement accounts between Jan. 1 and April 16 of this year can count toward either your 2016 or 2017 tax return. [More]
Here’s a question nobody knows the answer to: What’s going to happen when the (already extended) Homebuying Tax Credit expires April 30th?
As anticipated, President Obama signed the 8,000 first-time homebuyer tax credit extension into law on Friday. You can now collect the credit if your home purchase is complete by June 30, 2010. But wait, there’s more! The extension also offers a tax credit for people who are purchasing a new residence, but aren’t first-time homeowners.
We recently received our “Economic Stimulus Payment Notice,” and it seems worth far less than the $41.8 million the Treasury spent on printing and mailing. The letter contained no surprises, but did extend the tantalizing possibility that we would receive “a notice and additional information shortly before the payment is made.” Check out the full letter and a handy eligibility chart, after the jump.