Well, the days are getting shorter. The snow is on the ground and the temperatures are falling. All are signs of the season. If we look a little closer we also see people scurrying back and forth to the accountant, H&R Block doing lines of credit, and people thinking about how much they can charge in December and pay-off with tax refunds in January and February.
Yup, tis the season! Tax Season...
2010 has seen a lot of change on the tax front. It is a great time to start looking at what you will need for your tax return, what credits might be available to you and what changes to start planning for. Over the next 3 weeks or so, I will be out lining several things related to home sales and taxes.
Look for info on the home buyers tax credit for those of you who purchased a home early this year. I will also be sharing info about tax consequences for foreclosures and short sales. This subject will will be helpful to home owners and investors. Energy and improvement credits, tax deductions and potential consequences of the health care program will be other aspects we'll try to touch on.
I hope this series will be informative and beneficial. Please be sure to address specific questions about your situation with your tax professional.
Thursday, December 16, 2010
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment
Thanks for commenting. I am open to comment and debate. Please bear in mind I will not post ad hominem attack on others who have commented. If you lace your comments with any thing inappropriate, I will use the editors pen to cut what I must, while leaving your comments in tact.