The Catch to the 2008 First-Time Homebuyer’s Tax Credit

The first-time homebuyers tax credit has been a bit hit. Much like the Cash for Clunkers program spurred on the auto market, this credit has been…well, credited with sparking action in the housing market. If you bought a house in 2008 using it, there is one big catch. A tax credit is a (read on...)

The Coming Nickle and Dime Tax Approach

The last two years have seen an economic meltdown that has been the equivalent of being splashed with cold water while sleeping. To get out of it, the federal government has been spending money like mad. At the same time, states have been going broke. Sooner or later, the bill is going to come (read on...)