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From the daily archives:

Thursday, July 31, 2008

The Deal, the Catch, and the Plain Ugly

by elizabeth

HR 3221 – The New Housing Bill
The Deal:

All homeowners who do not itemize their income taxes can deduct between $500 and $1,000 from their 2008 federal taxes.
Anyone buying a first home between April 9, 2008, and July 1, 2009, will receive up to $7,500 in federal income tax credits. A tax credit is much better [...]

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