Laws & Taxes
Home Buying Experts Support New Legislation to Remove Home Buyer Tax Credit Marriage Penalty
March 18, 2010 Posted by RealEstateRama
AVONDALE, AZ - March 18, 2010 - (RealEstateRama) — The National Association of Exclusive Buyer Agents (NAEBA) expresses support for legislation recently introduced by Representative Eliot Engel (D-NY17) that would amend the Internal Revenue Code of 1986 eliminating the so called “marriage penalty” from the Home Buyer Tax Credit.
HUD STEPS UP ENFORCEMENT OF JOB CREATION REQUIREMENTS FOR STATE AND LOCAL GOVERNMENTS
March 8, 2010 Posted by HUD
WASHINGTON – More than 3,100 state and local government agencies have responded to the U.S. Department of Housing and Urban Development’s campaign to expand hiring and contracting opportunities for low-income persons. As a result of the effort, three out of four HUD-funded state and local agencies submitted required annual reports, the largest response since HUD made Section 3 reporting mandatory.
HUD SECRETARY DONOVAN APPLAUDS SENATOR LANDRIEU, U.S. SENATE FOR ADOPTION OF GO ZONE TAX CREDIT EXTENSION
March 8, 2010 Posted by HUD
WASHINGTON, DC - March 8, 2010 - (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan issued a statement today following the United States Senate’s adoption of an amendment extending the Gulf Coast Opportunity Zone (GO Zone) Low Income Housing Tax Credit (LIHTC) placed in service date by two years, to December 31, 2012. Donovan and Treasury Secretary Timothy Geithner sent a letter to U.S. Senator Mary Landrieu earlier this week, expressing the Administration’s support of the amendment she sponsored and was adopted today
NAHB Reminds Home Buyers: Tax Credit Expiring Soon
March 4, 2010 Posted by NAHB
March 4, 2010 - (RealEstateRama) — The National Association of Home Builders (NAHB) wants potential home buyers to be aware that they still have the opportunity to take advantage of the $8,000 first-time home buyer or $6,500 repeat buyer tax credits, as long as they act quickly—the credits expire on April 30, 2010.
U.S. Human Rights Consultation in New York to Highlight Housing Rights Violations
February 25, 2010 Posted by RealEstateRama
NEW YORK, NY - February 25, 2010 - (RealEstateRama) — In preparation for its first-ever review under the new Universal Periodic Review (UPR) at the United Nations Human Rights Council, the U.S. government will hold a consultation with residents and organizations in New York on Friday, February 26 at Columbia Law School.
HouseMaster Urges Homeowners to Make Energy Efficient Renovations
February 19, 2010 Posted by RealEstateRama
Edmonton, Alberta - February 18, 2010 - (RealEstateRama) — HouseMaster, the first and one of the largest home inspection organizations in North America, urges homeowners to be proactive and make cost-effective home renovations in order to meet the February 1, 2010, deadline for the Home Renovation Tax Credit (HRTC).
Housing Starts Rise in January
February 17, 2010 Posted by NAHB
February 17, 2010 - (RealEstateRama) — Nationwide housing production hit its strongest pace in the last six months this January, posting a 2.8 percent gain to a seasonally adjusted annual rate of 591,000 units, according to figures released today by the U.S. Commerce Department.
Putting Your Tax Refund to Work
February 8, 2010 Posted by RealEstateRama
ATLANTA GA - February 8, 2010 - (RealEstateRama) — Chances are you are going to get a refund when you file your 2009 income tax return. While the opportunity to borrow against your anticipated refund may be tempting, Consumer Credit Counseling Service (CCCS) of Greater Atlanta cautions against taking a loan against any refund or rebate you expect to receive.
IRS Proposes New Registration, Testing and Continuing Education Requirements for Tax Return Preparers Not Already Subject to Oversight
January 4, 2010 Posted by RealEstateRama
WASHINGTON, DC - January 4, 2010 - (RealEstateRama) — The Internal Revenue Service kicked off the 2010 tax filing season today by issuing the results of a landmark six-month study that proposes new registration, testing and continuing education of tax return preparers. With more than 80 percent of American households using a tax preparer or tax software to help them prepare and file their taxes, higher standards for the tax preparer community will significantly enhance protections and service for taxpayers, increase confidence in the tax system and result in greater compliance with tax laws over the long term
Hagens Berman Nails Skyline Homes with Class Action Lawsuit
December 23, 2009 Posted by RealEstateRama
CALIF. - December 23, 2009 - (RealEstateRama) — Hagens Berman served Skyline Homes, Inc. with a class action lawsuit on behalf of homeowners for allegedly failing to provide proper water protection for its line of manufactured homes. According to the complaint filed in the U.S. District Court of Eastern California, Skyline Homes designed, built and sold manufactured homes without adequate weather-resistant barriers on exterior walls
