Tag Archive: Taxes

Closing Deadline Extended to September 30th for Home Buyer Tax Credit

Washington has once again extended the closing deadline to qualify for the $8,000 first-time home buyer tax credit or the $6,500 current home buyer tax credit. The new closing deadline is September 30, 2010.
Unfortunately, Congress did not extend the purchase agreement deadline beyond April 30th. This means that only buyers who had entered into a [...]

Read the full article »

Down to the Wire; Last Days to Qualify for the Home Buyer Tax Credit

There are less than two weeks left to qualify for the federal home buyer tax credit.  You must have a signed Purchase and Sale Agreement by Friday, April 30th to qualify.  (You then have until June 30th to close the sale.)
Unless you’ve been living under a rock for the past year and a [...]

Read the full article »

Tax Problems? IRS Dispute?

Having tax problems or a dispute with the IRS? Then you should make the time to attend this upcoming presentation.
On Tuesday, February 2nd, Dr. Richard Spead of Spead Tax Group will be speaking about how to handle disputes with the IRS. In light of the IRS’s aggressive campaign against small business owners in the past [...]

Read the full article »

First-Time Home Buyer Tax Credit Extended

According to MarketWatch.com, the $8,000 first-time home buyer tax credit has been extended into 2010. The credit, which is currently scheduled to expire on November 30th, will reportedly be extended until the end of April 2010.
So, if you’ve been thinking of buying your first home, you can still take advantage of this popular tax  credit.
For [...]

Read the full article »

What's in a Name? What it Really Means to be an Independent Contractor.

Many business owners insist on referring to their workers as “independent contractors” as if the name alone will somehow magically save them from having to pay employment taxes, workers compensation premiums and other costs associated with having employees. The true test, however, is in the actions and not in the words.
To determine whether a worker [...]

Read the full article »

THE POWER OF CHOICE: How to Choose the Proper Business Structure

Choosing the right business entity structure may seem like any easy step in setting up a new business, but the wrong choice can be very costly. Each form of business structure has its own advantages and disadvantages, and each has its own rules and requirements. Choosing the right one is an important choice based upon [...]

Read the full article »

TIMING IS EVERYTHING: First-Time Home Buyer Tax Credit Increased for 2009.

The United States government wants to pay you to buy your first home in 2009. As part of the massive economic stimulus package recently approved by Congress, first-time home buyers will receive a tax credit up to $8,000.00 for purchasing a home between January 1, 2009 and December 1, 2009. This credit may be taken [...]

Read the full article »