As you may or may not know the first time homebuyer tax credit will come to an end December 1, 2009. The Internal Revenue Service (IRS) has released the IR–2009–083 reporting that 1.4 million taxpayers have filed or amended their 2008 income tax returns claiming the $8,000 first-time homebuyer tax credit. Click here to read a great informative article about program and you will also find helpful links to videos and other resources that describe the program in greater detail. If you are a first-time home buyer now is the time to act. In order to take advantage of the program you must close on your property before the December 1st expiration date.
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