Archive for Federal Tax Credit
Equifax’s Checklist of Paperwork Needed to Do Your Taxes
The 2014 deadline to pay Uncle Sam is quickly approaching. If you have not yet completed your income tax return, the Equifax Finance blog has put together a checklist of the paperwork or documents that you need to gather up before heading to the tax professional’s office (or before sitting down to do it yourself [Read More]
Check This List of Don’t Miss Tax Deductions
As tax day approaches, it’s important to take advantage of breaks in your taxes that can either help you recover from calamity, save more to put toward a mortgage or just have more money in your wallet. Thankfully, the Equifax Finance Blog’s tax section is ready to help you save! There are two big ways [Read More]
Time is Running Out on Energy Tax Credits
You can still get a tax credit for home improvements, but most of them are about to expire (again). Last year, Congress extended the tax credit for many energy-efficient home improvements through 2013.
Pick Up Tax Credits on Home Upgrades Before Winter
New Chicago real estate owners can enjoy some big tax benefits by giving their homes upgrades, and in doing so now can also make for a more comfortable rest of the year – after all, winter is coming. Energy efficient tax rebates are a great win-win offered by the federal government, as you save on [Read More]
NAHB Urging Congress to Keep Homeownership Affordable
The National Association of Home Builders (NAHB) is urging Congress to maintain its support for vital housing tax incentives, including the Low Income Housing Tax Credit, the mortgage interest deduction and real estate tax deductions, to meet the nation’s growing need for affordable rental housing and homeownership opportunities. U.S. Census data shows that more than [Read More]
Chicago Real Estate Sales Expectedly Down
The sale of homes in Illinois and the Chicago area fell in the second quarter of this year, but to truly gauge the condition of the Chicago real estate market, we are going to have to wait for third-quarter results. According to the Illinois Association of REALTORS, total existing home sales around the Chicago metropolitan [Read More]
A Week Later: Your Thoughts on the Housing Market?
Chicago and the U.S. received another round of gloomy forecasts for the real estate market last week. According to the Equifax Personal Finance Blog, a wide array of different sources confirmed the bad news for American homeowners, would-be buyers and the housing market as a whole. Real estate expert Ilyce Glink reported this news in her [Read More]
