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Monday, November 16, 2009

New Law Spells Tax Relief for More Homeowners

by taxnick on November 16, 2009

More American homebuyers will get tax relief thanks to changes made to the First-Time Homebuyer Credit. H&R Block (NYSE: HRB) advises the popular credit is now more accessible to existing homeowners and first-time homebuyers in three ways:
1. Through a tax credit worth up to $6,500 for existing homeowners in the
market for a new home.
2. Through [...]

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Former Middle East Hostage Files for Bankruptcy

by taxnick on November 16, 2009

Former hostage Terry Anderson, who was held captive in the Middle East for 6 1/2 years, has filed for bankruptcy.
In the chapter 7 bankruptcy filed Nov. 3, which was first reported by The Columbus Dispatch in Ohio, Anderson claimed $1.8 million in liabilities and $60,000 in assets.
Anderson was chief Middle East correspondent for The Associated [...]

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