Nov 4th, 2009 - Forbes
WASHINGTON -- With a Nov. 30 deadline looming, the Senate voted 98-0 Wednesday evening to extend and expand the $8,000 tax credit for first-time home buyers. It's a controversial provision that is projected to cost an additional $10.9 billion over the next five years.
But that's not the half of the coming tax turmoil on Capitol Hill. By the end of the year, lawmakers will likely make sure the estate tax doesn't expire on Dec. 31, as it's scheduled to do now. They'll also probably extend scores of short-term tax provisions, including the massive research and development credit.
Related stories:
A big new tax break for homebuyers; signing Friday
Nov 5th, 2009 - AOL Money & Finance
WASHINGTON -Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. If you're a first-time homebuyer...Congress Extends Jobless Benefits, Home-Buyer Credit
Nov 5th, 2009 - Wall Street Journal
Congress approved an extension of federal jobless benefits, sending the long-delayed bill to President Barack Obama a day before the issuance of monthly unemployment data. Mr...
Extended Homebuyer, Jobless Aid Passed by Congress
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- Congress gave final approval tolegislation expanding an $8,000 tax credit for first-timehomebuyers, extending unemployment benefits and providing taxrefunds to money-losing companies.
Extended Homebuyer Credit, Jobless Benefits Passed by Congress
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- Congress passed legislation expandingan $8,000 tax credit for first-time homebuyers, extendingunemployment benefits and providing tax refunds to money-losingcompanies.
Congress giving homebuyers a $6,500 tax break
Nov 5th, 2009 - AOL News
WASHINGTON -Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
First-time homebuyers have been getting tax credits of up...
Related videos from YouTube:
7:25Federal Housing Tax Credit explained
Congress Enacts Bigger and Better Home Buyer Tax Credit A tax credit of up to $8000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009 ...
2:55Let's BUG Congress - Extend & Expand the Tax Credit Please!
Jenet Cattar with Cattar Realty serving Jacksonville and the beaches area of NE Florida and three of her many happy, first-time homebuyers are appealing to Congress to extend and expand the $8000 tax credit for first-time homebuyers into the year 2010.
2:001st Time Home Buyer Tax Credit Extension
The economic recovery package passed by Congress included a tax credit for up to $8000 for first-time homebuyers who purchase a home from January 1, 2009 to November 30, 2009. This credit is based on legislation I authored in the last Congress ...
1:53Good News Again For First Time Home Owners
With the $8000 first time home owner tax credit ready to expire, congress are considering extending and expanding it. 10/28/2009.
