The tax credit for new home buyers has returned. Good news for all those people that were trying to get new homes and take advantage of the $8,000 dollar tax credit that the government was giving out up until April 30th. You see this crutch that we have called the US government that we have come to depend on when it comes to our financial crisis is getting in the way of a real recovery for the housing market. So I figured since it was taxes that this post is mainly about that I would include it on the taxes blog.
Home Tax Credit To The Rescue Again
Waiting For Tax Documents
Hello internet it’s that glorious time of year in the US when we all start checking our mail boxes for those almighty tax documents to start rolling in. That stressful time of year for so many of us when we try and decide what would be the best way to go about filing our taxes this year. Do we file our taxes on our own this year or do we go to a tax filing service like H&R or maybe this will be the year that you finally join the age of technology and do an e-filing of your taxes this year. Perhaps you will be one of millions of people out there that will immediately put in for a tax filing extension because there is no way that you can pay the IRS the back taxes that you know you owe.
New E-Commerce State Taxes Cutting Affiliates Out
States all over the country are scrambling to make budgets happen and a quick look through the headlines for any state budget proposal will show you that all are talking about taxes and finding ways to make up for the shortfall in taxable revenue that is being generated. One of the more controversial ways that some states are proposing to generate more state taxes is by going online. Specifically states are starting to propose new laws to go after e-commerce companies that have sales happening across state lines where they have no physical presence in the state and therefore are not required to pay the state taxes.




