Buying a home comes with some tax perks if you’re willing to file the IRS long form April 15 may seem like a long time away, but if you’ve just bought a home, you can make tax time less stressful now. Proper tax planning now may reap deduction benefits next year. Tax breaks are available … Continued
Say YesToSaveHomes.com and no to a transfer tax on real estate sales Yet another tax on real estate transfers is double taxation. A petition drive to prohibit the tax would protect buyers and sellers from additional expense. With deficit budgets and declining revenues, legislators are looking for new sources of revenue and a transfer tax … Continued
A proposal before the Missouri Housing Development Commission would credit up to $1,250 in property taxes for qualified buyers. Buying a home in Missouri in 2010 looks to include even more incentives for people to enter the housing market. The Missouri Housing Development Commission (MHDC) is considering a proposal to provide up to $1,250 in … Continued
Let’s stop Missouri politicians from penalizing homeowners and buyers Missouri is one of 13 states that does not levy a transfer tax on home sales, and a coalition of property owners, businesses and the Missouri Association of REALTORSâ„¢ want to keep it that way. The group sees transfer taxes as double taxation because Missourians already … Continued
Joan Campbell with J Campbell CPA, has been a Certified Pro Advisor for more than 20 years. She can help get your personal or business books set-up correctly, or prepare your payroll, make sure you are tax compliant. So you don’t have to crunch numbers all day.Call The Grant Hickman Team @ (314) 558-9225 for … Continued
Amending the tax return is to the home buyers benefit. It is better to get it down now before everyone else. Also, the IRS is constantly changing the rules. If you closed on your home after Nov. 6th, you must use the new form. Buyers need to use someone who is aware of the forever … Continued