Content Tagged As tax_credit

4 years 4 months ago

Senate approves home tax credit extension

The Senate has approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. The move by Senate Majority Leader Harry Reid would give buyers until Sept. 30 to complete their purchases and qualify for tax credits...

4 years 11 months ago

Millions may have to repay part of tax credit

More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit. The Treasury Department's inspector general for tax administration issued a report Monday saying that taxpayers are at risk...

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