Issue Number: IRS Summertime Tax Tip 2012-14 Inside This Issue The Internal Revenue Service has some important information for those who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may be able to exclude all or part of that gain from your [...]
Many people often need prior year tax records for various reasons. Some of these reasons include loan applications or other legal matters. Often people don’t know how to obtain this information or that the information is even available. Taxpayers can make a request to get free copies by going on line, through the mail, or [...]
Many homeowners are struggling to keep their homes. Unfortunately, there are companies out there who promise to help but only have their own interests in mind. I recently read this great article from Stretcher.com. This is a great article which provides useful tips on avoiding the scammers. The full article can be found at www.stretcher.com/stories/09/09aug17e.cfm. [...]
These days the buzz word is that it’s a great time to buy. But deciding whether to rent or buy is an individual decision that should be considered on a case by case basis. It is not wise to buy just because someone tells you that it’s a great time to buy. What are some [...]
Are you a first time home buyer? Have you taken advantage of the First Time Home Buyer Credit? If not you still have time. First time homebuyers are now eligible to receive a tax credit of up to $7,500 or 10% of the home’s purchase price. This is part of the Housing and Economic Recovery [...]
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