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taxes: Tax Credit Extension Could Help Tax Cheaters - 06/21/10 12:10 PM
By James R. Hagerty Everett Collection As we reported Thursday, Congress is considering a proposal from Sen. Harry Reid (D., Nev.) to extend the closing deadline on the tax credit of up to $8,000 for home buyers.
One risk of this proposal: It could help people who are trying to cheat Uncle Sam.
To qualify for the credit, buyers must have made a contract to buy the home by April 30. They are then supposed to complete the transaction by June 30. Because of the rush of people to close by then, mortgage companies and closing agents may have a hard time … (2 comments)
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taxes: Nearly half of US households escape fed income tax - 04/13/10 09:12 AM
Nearly half of US households escape fed income tax - Yahoo! Finance From: finance.yahoo.com | April 07, 2010
WASHINGTON (AP) -- Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it s simply somebody else s problem.About Read more at finance.yahoo.com »
… (1 comments)
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Daniel Guest
Princeton,
NJ
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