The homebuyer tax credit program is in the past for the housing industry. But we can begin to take a look back at the impact of the program using Internal Revenue Service data from 2009 to map where the tax credit was claimed by homebuyers. As with the energy…
As we enter into the last week of the 2010 tax filing season, it is a good time to look at some basic statistics concerning how construction firms, including home builders, organize for tax purposes and how much revenue they pay to the federal government. We…
The Government Accountability Office has released a report tallying the number of homebuyers benefitting from the homebuyer tax credit. The numbers are still incomplete as the IRS continues to process submitted claims. Further, some homebuyers will not claim the credit until the end of the…
