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Tuesday, November 3, 2009

Homebuyer Tax Credit, Unemployment Bill Advances in Senate

by taxnick on November 3, 2009

Legislation to extend unemployment benefits and a tax credit for first-time homebuyers cleared a procedural hurdle in the U.S. Senate as Democrats pushed to complete work on the measure this week.
Lawmakers voted 85-2 to move closer to a final vote on the bill, which would extend until April 30 the $8,000 homebuyer credit that otherwise [...]

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Online Discussion Focuses on Reforming Estate Tax Law

by taxnick on November 3, 2009

With Congress facing a deadline to act on the estate or inheritance tax, which taxes property as it passes from one generation to the next, farmers, ranchers and others who participated in an online discussion of the issue last week stressed the need to support the Family Farm Preservation Estate Tax Act.
H.R. 3524, introduced by [...]

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