Don’t get too excited. It’s not a huge tax break – but it’s not a bad one either. A bill that was rushed through recently passed in Congress, known as The Worker, Homeownership and Business Assistance Act of 2009, will allow businesses to apply losses retroactively.
The bill, [...]
Last Friday, President Obama yesterday signed the Worker, Homeownership, and Business Act of 2009 (H.R. 3548) into law. According to the Tax Professor, this new law has seven major tax provisions, in addition to extending the homebuyers credit. All of the tax changes are listed below.
1. Extension [...]
That's right! Politics trumps tax and economic policy yet again!
Obama put pen to paper this morning and signed the Worker, Homeownership, and Business Assistance Bill of 2009 into law.
Don't get me wrong, I'm happy for folks who can use this to buy a house. Despite the [...]
