News of Note: An XPonent Group Alert
Opportunities and Confusion
Countdown to April 30th Deadline on Homebuyer Tax Credits
Don’t wait if you intend to take advantage of the home buyer tax credit because the deadline looms. Because that deadline is near, we are including a short summary of highlights you should know:
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First time buyers are eligible for an $8,000 tax credit;
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Current home owners who are “buying up” are eligible for a $6,500 tax credit;
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A contract to buy a new home must be signed by April 30th;
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The sale must be completed by June 30th
For more information about the tax credit program, we recommend this Wall Street Journal article - click here
Confusion Reigns about New Health Care Legislation
Beginning in about 30 days, and continuing on through at least 2014, various aspects of the new health care legislation will be implemented. “What, When and How” questions abound and CPA professionals like XPonent Group are actively pursuing answers. We will soon be receiving and analyzing a lot of information on this topic so that we can help each client sort out the impact of this significant change in our legislative landscape. You will be hearing a lot more from us on this topic. In the meantime, we have another WSJ article to recommend – one that discusses the confusion over health care legislation - click here
Would you like to talk about the home buyer tax credits or the new health care legislation? We like to hear from you so contact us at your convenience.
