As part of the "Housing and Economic Recovery Act of 2008" that was recently signed into law, Congress has created a new, temporary federal income tax credit to provide an incentive for first time home buyers. To get the highlights of this federal tax credit please click the following link.FIRST TIME HOMEBUYER FEDERAL TAX CREDIT.do
Are you or do you no anyone who may be eligible to take advantage of this tax credit? Do you know anyone who is providing financial assistance to a first time home buyer, who may benefit from this tax credit? As always, an individual should consult a professional tax advisor for exact tax calculations.
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