Episode 2: Tax Credit For First Time Home Buyers

Episode 2: Tax Credit For First Time Home Buyers

Kane & Company, Certified Public Accountants and Advisors

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In hopes of spurring the housing industry, the American Recovery and Reinvestment act of 2009 included an enhanced tax credit for first-time home buyers. However, the deadline for this credit is quickly approaching. Potential homebuyers must complete their first-time home purchases before Dec. 1 to qualify for the special first-time homebuyer credit.
In hopes of spurring the housing industry, the American Recovery and Reinvestment act of 2009 included an enhanced tax credit for first-time home buyers. However, the deadline for this credit is quickly approaching. Potential homebuyers must complete their first-time home purchases before Dec. 1 to qualify for the special first-time homebuyer credit.