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If you've been holding back on the new $6,500 federal tax credit for repeat home purchases, you now have all the official IRS guidance you'll need to buy a house, qualify for the credit and pocket the $6,500. That's because the Internal Revenue Service...
When it comes to life's two guarantees, I find death less scary than taxes. Taxes, in fact, are so scary that they make me want alcohol. So is a margarita on a business trip as deductible as my hotel room? Sadly, no. That margarita is typically only 50%...
On a recent sweltering day, the Aquatic Park in Alsip was packed with kids and adults splashing in the pool and soaking up the sun. The inviting oasis, which includes the outdoor pool, mushroom fountain for youngsters, playground and tanning hill, is...
Tags: Morgan Park, Alsip, Services and Shopping, Emmett Till, Flowers
No one is perfect, especially when it comes to filing a federal income tax return. And with first-timers accounting for the majority of home buyers last year, the IRS is bracing for rookie mistakes. With that in mind, here, according to the Internal...
Despite blizzards that shut federal offices for days, the Internal Revenue Service issued new guidance Feb. 12 on the two tax credit programs that are powering the country's real estate markets -- the $6,500 credit for repeat buyers and the $8,000 first-...
Los Angeles Times Staff Writer"Sin taxes" on cigarettes have turned out to be the most effective weapon in the campaign to reduce smoking. Why not try it on Flamin' Hot Cheetos, vanilla Coke and Twinkies? With increasing vigor, public health experts and think tanks are calling for...
Tags: Social Issues, Coca-Cola, Maine, Corruption, Minnesota
The United States tries to take care of its warriors, a tradition that Congress has continued in little-known sections of the latest home buyer tax credit legislation and one of the government's main programs to help military owners who must sell their...
If you're thinking about applying for the new $6,500 home buyer federal tax credit or the extended $8,000 version, the Internal Revenue Service has just issued its first formal guidelines for you. Tops on the agency's list of advice: Cool it for a couple...
Taxpayer problems in complying with the rules are legendary. Homeowners might have to answer up to seven questions just to determine if their mortgage interest is deductible. And that's only "if." They might need to answer up to 13 questions to figure out...
Will Congress extend the wildly popular $8,000 home buyer tax credit beyond its Dec. 1 expiration date? That's a question generating huge pressure on Capitol Hill from would-be buyers who haven't found the right house as well as from realty agents,...
Take a close, hard look at the new $6,500 federal tax credit for so-called move-up home buyers that passed the Senate and House recently. Though it's been getting second billing to the original $8,000 credit for first-time purchasers -- now extended by...
KIAHTalk about the Odd Couple. Senator John McCain and Jersey Shore's Snooki are BFFs and fellow Tweeps. Now you may be wondering what on earth does the Senator and a Guidette have in common? They both are fans of tanning and are not fans of Obama's tanning...
Tags: Television, Politics, Facebook, George W. Bush, Entertainment
Jan 24, 2010 |Story| Los Angeles Times
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