The Tax Preparation Blog

Posts Tagged ‘house’

Question: Do you live in California? If so have you receive your state income tax refund?

Please let me know when do we get the state income tax refund.

Answer: Well I received mine this past Tuesday the 17th, but had filed on January 29th. So I waited about 6 weeks.

N.J. Assembly committee OKs bill to allow undocumented immigrants to pay in-state tuition

TRENTON — A bill that would allow illegal immigrants who are New Jersey residents to pay in-state tuition was Monday moved out of an Assembly committee after hours of emotional testimony.

Can New York State Government Be Reformed? – Manhattan Institute Panel

Question: How long do I have to amend my 2008 tax return for the $7500.00 tax credit?

My husband and I bought a home in Dec. 2008 and have recently decided to amend our 2008 tax return so that we can get the $7500.00 tax credit. I was just wondering how long do we have to do this? My tax guy hasn’t called me back and I don’t want to miss out on this credit, when is the deadline to amend for this?

Answer: CALL the tax guy and get it over and done with. . . .sooner you do it, sooner you get the money. Takes 12-16 weeks from filing to get the $$. Send a copy of your HUD-l along with amended return and 5405, to avoid delays.

It’s a GREAT deal, $7500 no interest loan repayable in $500 increments over 15 years or when you sell.
It’s a SMART thing to put all or most of it as additional principal payment on your home. First 7 years you are paying interest, interest, and taxes, and very little principal. Extra principal payments during first couple years make a HUGE impact in amount of interest paid over the life of the loan!

A. Schulman Reports Improved Fiscal 2010 First-Quarter Results

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Question: Where can I find a chart of the local tax rates in NC?

I am looking for a chart or map of the local sales tax rates for individual counties and|or zip codes (if possible) in the state of NC.

Can’t seem to find it on the tax site but maybe I’m overseeing it, and there are lots of awesome people here who can answer this simple question. =)

Thanks

Answer: The link contains sales tax rates by county in North Carolina as of 4/1/2008.

California Tops Regions Where Homes Sell Most Over List Price, While Florida Still Languishes, According to ZipRealty …

EMERYVILLE, CA–(Marketwire – 07/23/10) – Despite slowdowns in home sales across the country, California is still the nation’s hottest spot for home buying activity, with homes fetching multiple offers and selling above list price, according to the Q2 2010 Home Hunter report released today by ZipRealty (NASDAQ: ZIPR – News ). The report revealed that California was home to 91 out of the country …