Changes For The First Time Home Buyers Tax Credit 11-5-2009

First Time Home Buyers Tax Credit

Senate leaders released more details about their compromise on the home buyer tax credit today. Among other things, the deal would give the IRS more authority to spot cheaters in advance and set an $800,000 price limit on all homes eligible for the credit. The existing $8,000 tax credit for first-time home buyers (meaning those [...]