24
Jun
Housing Double Dip?
May’s housing numbers were a shock for many, but does the drop in housing mean we are headed into a double-dip for housing … or, is this an excellent time to pick up a real estate bargain at a historic low interest rate?
24
Jun
Home Tax Credits Given to 14,100 Taxpayers in Error
Government home buyer tax credit program
A report by Treasury Department showed that more than 14,100 taxpayers wrongly received home buyer tax credits. The report estimates that at least $26.7 million in tax credits went to people who did not qualify.
Also, the Treasury Department showed that 1,295 inmates filed fraudulent home tax credit claims totaling $9.1 million. In an example of fraudulent home tax credit claims, one home was used by 67 taxpayers to claim credits, according to the report.