Feb. 6th, 2009

dianebeck: (Red Girl)
The accountant in me wanted to share this bit of info with you.

"Isakson’s amendment would provide a direct tax credit of $15,000, or 10 percent of the purchase price, whichever is less, to any homebuyer. Purchases must be made within one year of the legislation’s enactment, and the tax credit would not have to be repaid."

"On Tuesday, the Senate approved another amendment that provides a tax incentive for car buyers. The amendment, introduced by Barbara Mikulski, D-Md., makes interest payments on car loans and state sales or excise tax deductible for new cars purchased between Nov. 12, 2008 and Dec. 31, 2009."

http://www.webcpa.com/article.cfm?ARTICLEID=30697

Article for those who don't want to clicky the link )

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December 2009

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