Taxes

ATTN California Refinancers: Property Taxes Due At Closing!

Attention anyone currently refinancing in California. You may be refinancing now and in the rush to lock rates, you may not be aware that most counties issue tax bills during October. If your property tax bill has been issued and you don’t have an impound/escrow account that you pay taxes into monthly, then you must

Lawmakers Propose Allowing 401(k) To Pay Mortgage

A bill has been introduced to allow struggling homeowners to withdraw funds from their retirement accounts tax-free to make mortgage payments. The Home Act (news | actual bill) would allow borrowers to withdraw up to $50,000 from a retirement account or one-half of the current value of that account, whichever is smaller. The limit is

Lawmakers Propose Allowing 401(k) To Pay Mortgage

A bill has been introduced to allow struggling homeowners to withdraw funds from their retirement accounts tax-free to make mortgage payments. The Home Act (news | actual bill) would allow borrowers to withdraw up to $50,000 from a retirement account or one-half of the current value of that account, whichever is smaller. The limit is

Attention Late Tax Filers: 10 IRS Tips For Home Sellers

Here are some noteworthy items from the IRS for home sellers. Link to full IRS tip sheet at bottom. Useful for late tax filers who are gearing up for mid-September corporate and mid-October personal filing deadlines for 2010. IRS Summertime Tax Tip The Internal Revenue Service has some important information to share with individuals who

Attention Late Tax Filers: 10 IRS Tips For Home Sellers

Here are some noteworthy items from the IRS for home sellers. Link to full IRS tip sheet at bottom. Useful for late tax filers who are gearing up for mid-September corporate and mid-October personal filing deadlines for 2010. IRS Summertime Tax Tip The Internal Revenue Service has some important information to share with individuals who