Tag: tax

Federal Unemployment Benefits Insurance Extension Unlikely

[Latest Update]¬†With the Republicans taking control of Congress and the Presidency it is highly unlikely that any further unemployment benefits extension will be approved going forward. Particularly as the unemployment… Read more »

Claiming The $8,000 First-Time Homebuyer Tax Credit Extension Approved and Expanded with $6,500 For Existing Home Owners

[April 2011] See an update to this post here and claiming it in your 2010-2011 tax returns ____________ [Update July 2010] Approved! First-time home buyers now have until Sept. 30… Read more »

New Car (up to $49,500) Sales Tax Deduction in 2009 Obama Economic Stimulus Package. Will it be Extended into 2010?

[Update on possible 2010 Extension] There has been a concerted push by various groups and congress members to get this tax deduction extended into 2010. They cite the success of… Read more »