Congress Extends First-Time Homebuyer Credit; QuickBooks 2010 Released
The First-Time Homebuyer Tax Credit that was scheduled to expire on November 30th was extended by congress until April 30, 2010. The credit allows first-time homebuyers to claim an $8,000 tax credit when they purchase a home. The new bill also extends the credit to existing homeowners, allowing them to claim a $6,500 tax credit on the purchase of a new home. I included an article in this newsletter with more details on this legislation.
The latest version of QuickBooks Financial Software was released last month. Each year, QuickBooks releases a new version of the software that includes many improvements and additional features that weren't included in previous years. We included an article in this newsletter detailing the new features of QuickBooks 2010. If you already use QuickBooks, I recommend upgrading your software every 2 to 3 years to take advantage of the improvements and additional functionality. If you are thinking about using QuickBooks for the first time, please click on the QuickBooks ad at the bottom of this newsletter to learn about the different products offered. We are a QuickBooks affiliate so you can purchase QuickBooks through the ad below or through the QuickBooks page on our website at a 20% discount. You can also download a free version of QuickBooks Simple Start, the most basic version of QuickBooks, at www.quickbooks.com.
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The Senate voted by a 98-0 margin to extend the First-Time Homebuyer Tax Credit while also expanding the credit to existing homeowners who want to move to another residence.
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