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Dennis Norman By: Dennis Norman Results have just been released of a study conducted by Rosen Consulting Group as to the effectiveness of the 2009 first-time-homebuyer tax credit and the potential need for an extension of the credits. The Rosen Consulting Group was retained by Fix Housing First, a coalition that was originally working to convince Congress Continue reading… Homebuyer tax credit has been primary cause of recent return of buyers to market according to study By: Dennis Norman Dennis Norman “I’m from the IRS and I’m here to help you.” Yeah, sure. Actually, in this case the IRS is trying to help. The IRS has a website and has even published a video on YouTube to help first-time buyers and potential buyers understand the first-time home buyer tax credit as well as Continue reading… First-time homebuyer credit provides tax benefits to 1.4 million familes to date according to the IRS The Internal Revenue Service this week announced its first successful prosecution related to fraud involving the first-time homebuyer credit and warned taxpayers to beware of this type of scheme. On Thursday July 23, 2009, a Jacksonville, Fla.-tax preparer, James Otto Price III, pled guilty to falsely claiming the first-time homebuyer credit on a client’s federal tax Continue reading… IRS Warns Taxpayers to Beware of First-Time Homebuyer Credit Fraud |
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